Press Release

Morgan Lewis Advises FTAC Olympus Acquisition in Combination with Payoneer

Wednesday, February 3, 2021

NEW YORK, February 3, 2021: Morgan Lewis is representing FTAC Olympus Acquisition Corp. (FTOC), a special purpose acquisition company (SPAC), in a definitive agreement and plan of reorganization with Payoneer Inc., a global payment and commerce-enabling platform leveraged by millions of digital businesses worldwide. The newly combined company is expected to have an implied estimated enterprise value of approximately $3.3 billion at closing.

Morgan Lewis partners Robert Robison, Robert Dickey, and Howard Kenny, of counsel Jeffrey Letalien, and associates Bryan Denberg and Rebekah Raber advised FTOC.

For more, read the announcement.