<SEC-DOCUMENT>0001178913-24-000853.txt : 20240306
<SEC-HEADER>0001178913-24-000853.hdr.sgml : 20240306
<ACCEPTANCE-DATETIME>20240306170744
ACCESSION NUMBER:		0001178913-24-000853
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240306
FILED AS OF DATE:		20240306
DATE AS OF CHANGE:		20240306

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Nayax Ltd.
		CENTRAL INDEX KEY:			0001901279
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41491
		FILM NUMBER:		24726922

	BUSINESS ADDRESS:	
		STREET 1:		3 ARIK EINSTEIN ST., BUILDING B, 1 ST FL
		CITY:			HERZLIYA
		STATE:			L3
		ZIP:			4659071
		BUSINESS PHONE:		972 3 769 4380

	MAIL ADDRESS:	
		STREET 1:		3 ARIK EINSTEIN ST., BUILDING B, 1 ST FL
		CITY:			HERZLIYA
		STATE:			L3
		ZIP:			4659071
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>zk2431104.htm
<DESCRIPTION>6-K
<TEXT>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C. 20549</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">FORM 6-K</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">For the month of March, 2024</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25;">Commission file number: 001-41491</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">NAYAX LTD.</div>
    <div style="text-align: center; line-height: 1.25;">(Translation of registrant&#8217;s name into English)</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">&#160;Arik Einstein Street, Bldg. B, 1st Floor</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Herzliya 4659071, Israel</div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;">&#160;</font>(Address of principal executive offices)</div>
    <div style="text-align: center; line-height: 1.25;">_____________________</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25;">Form 20-F &#9746;<font style="font-family: 'Wingdings 2', serif;"></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Form 40-F &#9744;<font style="font-family: 'Wingdings 2', serif;"></font></div>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><u>EXPLANATORY NOTE</u></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">
      <div style="text-align: justify; line-height: 1.25;">On March 6, 2024, Nayax Ltd. issued a press release titled &#8220;Nayax Enters Definitive Agreement to Acquire VMtecnologia&#8221;. A copy of the press release is furnished as Exhibit 99.1 hereto.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">The information in this Form 6-K (including Exhibit 99.1 hereto) shall not be deemed &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;) or
        otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise set forth herein or as shall be expressly
        set forth by specific reference in such a filing.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">This Form 6-K and related exhibits (other than the comments in quotation marks by Yair Nechmad and Eduardo Muniz in Exhibit 99.1) are hereby incorporated by reference into all effective
        registration statements filed by the Company with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) or with the Israel Securities Authority (the &#8220;ISA&#8221;), including without limitation the Company&#8217;s Registration Statement on Form S-8 filed with
        the SEC (File Nos. 333-267542), the Company&#8217;s Registration Statement on Form F-3 filed with the SEC (File Nos. 333-274812) and the Company&#8217;s Shelf Prospectus filed with the ISA.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><u>EXHIBIT INDEX</u></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;">The following exhibit is furnished as part of this Form 6-K:</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="line-height: 1.25;">
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          <tr>
            <td style="width: 49.65pt; vertical-align: top; font-weight: bold;"><u>Exhibit</u></td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-weight: bold;"><u>Description</u></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
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          <tr>
            <td style="width: 49.65pt; vertical-align: top;"><a href="exhibit_99-1.htm">99.1</a></td>
            <td style="width: auto; vertical-align: top;">
              <div><a href="exhibit_99-1.htm">Press Release of Nayax Ltd., dated March 6, 2024</a></div>
            </td>
          </tr>

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    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><u> <br>
      </u></div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><u>SIGNATURES</u></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">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.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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          <td style="width: 49.99%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: top;">
            <div style="line-height: 1.25; font-weight: bold;">NAYAX LTD.</div>
          </td>
          <td style="width: 20%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.99%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="width: 30%; vertical-align: top;">&#160;</td>
          <td style="width: 20%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.99%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 1%; vertical-align: top; padding-bottom: 2px;">
            <div style="line-height: 1.25;">By:&#160; <br>
            </div>
          </td>
          <td nowrap="nowrap" style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);"><font style="color: rgb(0, 0, 0); font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: nowrap; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">/s/ Gal Omer</font></td>
          <td style="width: 20%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.99%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td nowrap="nowrap" style="width: 30%; vertical-align: bottom;">
            <div style="line-height: 1.25;">Name: Gal Omer</div>
          </td>
          <td style="width: 20%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.99%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="width: 30%; vertical-align: top;">
            <div style="line-height: 1.25;">Title: Chief Legal Officer</div>
          </td>
          <td style="width: 20%; vertical-align: top;">&#160;</td>
        </tr>

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    <div style="line-height: 1.25;">Date: March 6, 2024</div>
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  <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">3</font>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit_99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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  <div style="text-align: right;"><u><font style="font-weight: bold;">Exhibit 99.1</font></u><br>
  </div>
  <div><br>
  </div>
  <div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;">Nayax Enters Definitive Agreement to Acquire VMtecnologia</div>
    <div style="line-height: 1.25;">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-style: italic;">Nayax Announces Strategic Acquisition of VMtecnologia, Expanding Presence in the Latin</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-style: italic;"> American Market</div>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">HERZLIYA, Israel, March 6, 2024 (Globe Newswire) &#8212; Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a leading global commerce enablement, payments, and loyalty platform designed to help
      merchants scale their business, has today announced a definitive agreement to acquire VMtecnologia, a leading technology provider for the automated self-service industry in Brazil. This strategic acquisition marks a significant step in Nayax's
      expansion into the Latin American market, bolstering its global footprint.</div>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">The acquisition of VMtecnologia will extend Nayax's comprehensive service offerings across Brazil as well as serves as a key milestone in fulfilling the company's international
      expansion growth strategy. By entering the Latin American market with a strong and immediate market presence, Nayax is poised to leverage VMtecnologia's established footprint, serving over 2,400 retailers in diverse industries across all 27 states in
      Brazil and more than 466 cities. This strategic move significantly enhances Nayax's global presence and its ability to offer advanced automated self-service solutions.</div>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">
      <div style="line-height: 1.25;">With this expansion, Nayax will now serve
          over 18,300 additional unattended points of sale, including vending machines, micro markets, autonomous laundromats, and the electronic entertainment sector. The integration is anticipated to immediately contribute to Nayax's net income,
          underlining the strategic fit and potential for growth the acquisition represents. The purchase price, equating to an enterprise value of approximately R$ 110 million BRL (~$22.3 million USD), will be paid partially upfront in cash (R$ 66 million BRL or ~$13.4 million USD), with R$ 44 million (~$8.9 million USD) to be settled semi-annually over the next three years in cash or equity (at our option), contingent upon management retention and achieving certain
          revenue growth (consistent with prior experience) over a three-year period. In addition, there is an earnout of up to R$ 27.5 million BRL (~$5.6 million
          USD) payable primarily in stock (with the stock valued based on the value of Nayax stock at closing of the transaction) based on the achievement of
          significant three-year growth objectives, bringing the total potential consideration to R$ 137.5 million BRL (~$27.8 million USD). The transaction is slated for completion in Q2 2024, pending the fulfillment of closing conditions.</div>
      <div style="line-height: 1.25">&#160;</div>
    </div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Yair Nechmad, CEO and Chairman of Nayax, shared his excitement about the acquisition, stating, &#8220;We are excited to integrate Vmtecnologia&#8217;s experienced and innovative team with
      Nayax, further solidifying our position in the automated self-service market. Vmtecnologia&#8217;s outstanding performance and leadership in Brazil align perfectly with our strategic goals, promising a highly synergistic merger. The Brazilian automated
      self-service market follows the strong growth trend of the global automated self-service industry. Brazil itself is an attractive market with significant potential for our self-service technology. This acquisition immediately expands Nayax&#8217;s targeted
      addressable market and significantly increases our automated self-service market penetration in Brazil and Latin America.&#8221;</div>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
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    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"> <br>
    </div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Eduardo Muniz, CEO of Vmtecnologia, also commented on the acquisition: &#8220;This deal is a recognition of what we have built here in Brazil. It is the fuel that can drive us to
      deliver even more products to our customers, quickly and efficiently. With Nayax, we will have an expansion of self-service in Latin America, adding expertise in payments and a portfolio of products. The entire M&amp;A process took place with the
      great support from Pipeline Capital, which was responsible for structuring the fundraising project, helping us throughout the entire process, from the conversation with interested parties to the final stage of signing the deal.&#8221;</div>
    <div style="line-height: 1.25;">&#160;</div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Transaction Highlights:</div>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
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          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif;">Unanimous approval from both Nayax and Vmtecnologia&#8217;s boards.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
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          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif;">Implied enterprise value of R$ 110 million BRL (~$22.3 million USD), on a cash-free, debt-free basis, with an additional earnout bringing the potential consideration to R$ 137.5 million
              BRL (~$27.8 million USD).</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
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          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif;">The transaction structure includes an initial payment of R$ 66 million BRL (~$13.4 million USD) in cash at closing, with the remainder, contingent upon management retention and revenue
              growth consistent with prior experience, payable over three years in cash or Nayax equity. In addition, there is an earnout of up to R$ 27.5 million BRL (~$5.6 million USD) payable primarily in stock (with the stock valued based on the value
              of Nayax stock at closing of the transaction) based on the achievement of significant three-year growth objectives, bringing the total potential consideration to R$ 137.5 million BRL (~$27.8 million USD).</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
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          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif;">VMtecnologia's impressive financial performance includes approximately $8.5 million in revenue, a gross margin of 88%, and an EBITDA margin exceeding 30%, with a CAGR of approximately 73%
              between 2021 and 2023.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z98835e2d50b74784acb7fde67bb785fe">

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          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif;">Nayax intends to fund the initial payment with available cash reserves.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;">&#160; <br>
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            <div style="font-family: 'Times New Roman',Times,serif;">Synergies are expected from the integration of VMtecnologia into Nayax's ecosystem, enhancing both revenue and operational efficiencies.</div>
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            <div style="font-family: 'Times New Roman',Times,serif;">Anticipated transaction closure in Q2 2024, subject to customary closing conditions.</div>
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    <div style="line-height: 1.25;">&#160;</div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Advisors</div>
    <div style="line-height: 1.25;">&#160;</div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Baptista Luz is serving as legal advisor to Nayax. Pipeline Capital is serving as financial advisor and Gentil Monteiro, Vicentini, Beringhs e Gil (GVBG) is serving as legal
      advisor to VMtecnologia.</div>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-style: italic; font-weight: bold;">Forward-Looking Statements</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><font style="font-style: italic;">This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this
          press release can be identified by the use of forward-looking words such as &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;could,&#8221; &#8220;expect,&#8221; &#8220;should,&#8221; &#8220;plan,&#8221; &#8220;intend,&#8221; &#8220;estimate&#8221; and &#8220;potential,&#8221; among others. Forward-looking statements include, but are not limited
          to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management&#8217;s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks
          and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to of various factors, including, but not limited to: our expectations regarding general market conditions,
          including as a result of the COVID-19 pandemic and other global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment over the world; the
          availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax
          matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel, including ongoing military conflicts in the region; the success of
          operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; factors relating to the acquisition of </font>VMtecnologia<font style="font-style: italic;">, including but
          not limited to the financing for and payment of the acquisition and our ability to effectively and efficiently integrate the acquired business into our existing business; and other risk factors discussed under &#8220;Risk Factors&#8221; in our annual report
          on Form 20-F filed with the SEC on February 28, 2024 (our "Annual Report"). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions
          and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that
          could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you
          should consider the risks provided under &#8220;Risk Factors&#8221; in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking
          statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks
          only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our
          expectations.</font></div>
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      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;"> <br>
      </div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">About Nayax</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">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. Today, Nayax has 9 global offices, approximately 800 employees, connections to more than 80 merchant acquirers and payment method integrations and is a recognized payment facilitator
        worldwide. Nayax's mission is to improve our customers' revenue potential and operational efficiency. For more information, please visit&#160;<u>www.nayax.com</u>.</div>
      <div style="line-height: 1.25;">&#160;</div>
    </div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">About VMtecnologia</div>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">VMtecnologia is services the unattended retail market with easy-to-use, proprietary, and secure technology, embedded in plug-and-play equipment so that entrepreneurs can grow
      and scale their business. Our solution simplifies and enables the operation of small, medium, and large autonomous Brazilian stores.&#160;We believe in sustainable growth based on client feedback and long-term partnerships. Today, VMtenologia was in
      Curitiba, approximately 130 employees, and Brazilian leadership in serving unattended retail. For more information, please visit https://www.vmtecnologia.io/.&#160;</div>
    <div style="line-height: 1.25;">&#160;</div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><font style="font-weight: bold;">Investor Relations Contact:</font><br>
      Aaron Greenberg, Chief Strategy Officer<br>
      <u>aarong@nayax.com</u></div>
    <div style="line-height: 1.25;">&#160; <br>
    </div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><font style="font-weight: bold;">Public Relations Contact:</font><br>
      Scott Gamm<br>
      Strategy Voice Associates<br>
      <font style="font-weight: bold;"><u>scott@strategyvoiceassociates.com</u></font></div>
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