Foreign Filer Report • Feb 3, 2025
Foreign Filer Report
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Washington, D.C. 20549
For the month of February, 2025
Commission file number: 001-41491
(Translation of registrant's name into English)
Arik Einstein Street, Bldg. B, 1st Floor Herzliya 4659071, Israel (Address of principal executive offices) _____________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
On February 3, 2025, Nayax Ltd. (the "Company") issued a press release titled "Nayax and the Israeli Competition Authority Reach Settlement Following OTI Merger". A copy of the press release is furnished as Exhibit 99.1 hereto.
This Form 6-K and related exhibits are hereby incorporated by reference into all effective registration statements filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") or with the Israel Securities Authority (the "ISA"), including without limitation the Company's Registration Statement on Form S-8 filed with the SEC (File No. 333-267542), the Company's Registration Statement on Form F-3 filed with the SEC (File Nos. 333-274812) and the Company's Shelf Prospectus filed with the ISA.
The following exhibit is furnished as part of this Form 6-K:
Exhibit Description
99.1 Press Release of Nayax Ltd., dated February 3, 2025
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
By: /s/ Gal Omer
Name: Gal Omer Title: Chief Legal Officer
Date: February 3, 2025
Herzliya, Israel, February 3, 2025 — Nayax Ltd. (TASE & Nasdaq: NYAX) – a global fintech leader that develops an advanced platform for commerce, payments, and customer loyalty to empower businesses worldwide, announced today the settlement of the previously-disclosed investigation by the Israel Competition Authority (ICA) in connection with it's the acquisition of On Track Innovations (OTI) in 2022.
Nayax cooperated fully and transparently with the ICA throughout the investigative process, and the parties have reached a mutual understanding on the following terms of settlement, to avoid further litigation and while Nayax and OTI reserve their claims in relation to the circumstances of the merger. The settlement will be executed by way of a consent decree, which is subject to public commentary and pending approval by the Israeli Competition Court, and contains the following key terms:
"When OTI was on the verge of financial collapse, Nayax stepped in to preserve its commercial future and protected dozens of skilled employees and jobs in northern Israel," explained Yair Nechmad, CEO and Chairman of Nayax. "Since then, Nayax has invested heavily to revitalize OTI and seamlessly incorporate its capabilities into our global platform. OTI products are now essential components of our global portfolio, empowering Nayax to drive innovation and gain market share internationally without disrupting healthy competition that exists in Israel."
"Nayax has acted transparently and in good faith, and in close partnership with the ICA at every stage of the investigative process. We remain committed to fostering open commerce and fair competition in Israel and around the globe by equipping businesses of all sizes with sophisticated payment and loyalty solutions that spark innovation, promote entrepreneurship, and strengthen communities everywhere."
Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. With foundations and global leadership in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. As of September 30, 2024, Nayax has 11 global offices, approximately 1,100 employees, connections to more than 80 merchant acquirers and payment method integrations and globally recognized as a payment facilitator. Nayax's mission is to improve our customers' revenue potential and operational efficiency — effectively and simply. For more information, please visit www.nayax.com.
Scott Gamm Strategy Voice Associates [email protected]
Investor Relations Contact: Aaron Greenberg Chief Strategy Officer [email protected]
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