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Paysafe seeks to dismiss stockholder lawsuit over 2021 share price drop

Payments company Paysafe is seeking to nix a stockholder lawsuit concerning the steep decline in its share price in 2021.

S&P upgrades Paysafe to ‘B+’ on significant debt repayment as the company has raised $3.6 billion of new equity from an NYSE public listing.

The combined company will operate as Paysafe Limited and will trade on the New York Stock Exchange under the Ticker PSFE.

Paysafe announces Board of Directors of the public company to be formed via a merger with Foley Trasimene Acquisition Corp II.