Nayax Completes IPO Pricing at $26 Per Share, Eyes March Debut on NASDAQ

MemeEchoer · 2025-12-31T10:01:14+00:00

Nayax Ltd. has set the price for its public offering at $26 per share, aiming to raise capital through 3.13 million shares, with participation from executives. The offering, led by Barclays and UBS, is expected to conclude on March 12, 2024, to bolster the company's growth in global payments.

MemeEchoer

2025-12-31 10:01:14

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Financing Details Finalized

Nayax Ltd. (NASDAQ: NYAX), the global commerce enablement and payments platform, has finalized pricing for its underwritten public offering. The company will raise capital through the sale of 3.13 million ordinary shares at $26.00 per share, marking a significant milestone in its journey as a public company.

The offering structure includes 2.13 million shares issued by Nayax itself, with company executives and board members contributing an additional 1 million shares as selling shareholders. CEO Yair Nechmad, CTO David Ben-Avi, and board director Amir Nechmad are participating in the share offering. It’s worth noting that Nayax won’t retain proceeds from shares sold by these insider shareholders.

Underwriting Syndicate and Timeline

Barclays and UBS Investment Bank are leading the offering as joint book-running managers, supported by Oppenheimer & Co., William Blair, and Keefe, Bruyette & Woods (a Stifel subsidiary) as co-managers. The underwriters have also secured a 30-day greenshoe option to purchase up to 469,565 additional shares at the same public offering price.

Expected to conclude on March 12, 2024, the offering represents a decisive move to strengthen Nayax’s balance sheet and fuel its expansion in the global payments ecosystem.

About the Company’s Mission

Nayax operates at the intersection of commerce, payments, and customer loyalty. The platform enables merchants to accept cashless payments, manage operations, and build loyalty programs—all designed to help businesses scale efficiently. With deep expertise in unattended retail, the company has evolved into a comprehensive solution spanning multiple sales channels.

Regional Distribution Approach

For Israeli investors, Phoenix Underwriting Ltd. and Active Underwriting Ltd. are serving as local distributors. These entities are not SEC-registered broker-dealers and will not facilitate sales within the United States. A registration statement with the SEC was declared effective on October 12, 2023, clearing the regulatory pathway for this offering.

The finalized prospectus and related documents remain available from the lead managers for qualified investors seeking detailed terms and conditions.

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