Off-market insider selling at Nuvei (NVEI)

Off-market insider selling at Nuvei (T:NVEI)

Novacap TMT V Co-Investment (Nuvei), a 10% Holder, disposed of 1,174,308 Subordinate Voting Shares on a direct ownership basis at a price of $60.220USD through a prospectus or prospectus exempt offering on March 24th, 2021. This represents a $88,834,479 divestment of the company's shares and an account share holdings change of -100.0%.

Nuvei is in the Internet Services Sub Industry Group under the Technology Sector.

Nuvei Corp is a Canada-based company that provides payment technology solutions to merchants and partners in North America, Europe, Asia Pacific and Latin America. The Company's solutions include end-to-end processing including multi-currency authorization and settlement; global gateway for acquirer and processor; checkout solution; smart routing technology; localization capabilities allowing acceptance of approximately 150 currencies and support of 26 languages, including multiple regional varieties of English; risk and chargeback management and fraud prevention tools and flexible and merchant enrollment, underwriting and onboarding platform. The Company's gateway is a cloud-based system that serves as a single global connection point for mobile commerce, eCommerce and other card-not-present transactions, and is integrated directly into its merchants' software applications.