All forward-looking statements are based on information and estimates available to Square or Afterpay at the time of this communication and are not guarantees of future performance. its Seller and Cash App Ecosystems. Investors and security holders will be able to obtain those documents released by Afterpay to the Australian Securities Exchange (“ASX”) announcements platform free of charge at ASX’s website, www.asx.com.au . The transaction has an implied value of … Afterpay also assists merchants in growing their businesses by helping to drive repeat purchases, increase average transaction sizes, and provide their buyers with the ability to pay over time. “Buy now, pay later has been a powerful growth tool for sellers globally,” said Alyssa Henry, Lead of Square’s Seller business. Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later’’ option for merchants, in an all-stock deal valued at about $29 billion. Square allows retailers to process credit card transactions using devices that plug into tablets or smartphones. In a separate press release issued today, Square announced its financial results for the second quarter of 2021, which is available on Square’s Investor Relations website, investors.squareup.com. Afterpay has teamed up with Crocs and JD Sports to release two limited-edition drops, each made in collaboration with exciting creators. The transaction is subject to conditions precedent as is customary for transactions of this nature, including, among other things, receipt of required regulatory approvals and the approval of shareholders of both companies. FP CryptoDecoded: Join us at our free crypto and blockchain events. Afterpay shareholders will get 0.375 shares of Square Class A common stock for each share of Afterpay, a 31% premium above its closing price Friday. Also on August 1, 2021, Square made available an investor presentation ("Investor Presentation") regarding the Transaction. Afterpay is on a mission to power an economy in which everyone wins. Square, Afterpay, their respective directors and certain of their executive officers and other employees may be deemed to be participants in the solicitation of proxies from Square’s security holders in connection with the proposed transaction. All forward-looking statements are based on information and estimates available to Square or Afterpay at the time of this communication and are not guarantees of future performance. “The transaction marks an important recognition of the Australian technology sector as homegrown innovation continues to be shared more broadly throughout the world. We apologize, but this video has failed to load. Tsubaki and Black*Star set off on their most difficult mission yet: a battle with the Uncanny Sword Masamune, a soul on the brink of becoming a Kishin. Information about Square’s directors and executive officers is set forth in Square’s proxy statement on Schedule 14A for its 2021 Annual Meeting of Stockholders, which was filed with the SEC on April 29, 2021, and its Current Report on Form 8-K filed with the SEC on May 7, 2021 and subsequent statements of beneficial ownership on file with the SEC. This book provides an 'off' switch, helping readers apply an automatic mental filter to the incoming cacophony, to filter out only what they can use for smarter money moves. Please enter your password to sign in. The acquisition aims to enable the companies to better deliver compelling financial products and services that expand access to more consumers and drive incremental revenue for merchants of all sizes. TIDAL Launches Their First-Ever Free Music Tier, Two Enhanced HiFi Tiers, And New Ways To Get Artists Paid. Information about Afterpay’s directors and executive officers is set forth in Afterpay’s latest annual report dated August 27, 2020, as updated from time to time via announcements made by Afterpay on the Australian Securities Exchange. SQ | August 1, 2021. Except as required by law, neither Square nor Afterpay assume any obligation to update any of the statements in this communication, and any statement in this communication is subject to change without notice. Today, Square Inc. and Afterpay Limited announced that Square has agreed to acquire all of the issued shares in Afterpay by way of a recommended court-approved Scheme of Arrangement. Following completion of the transaction, Afterpay shareholders are expected to own approximately 18.5% of the combined company on a fully diluted basis. Square may elect to pay 1% of total consideration in cash. If you don't see it, please check your junk folder. On August 1, Square announced plans to acquire Afterpay, the Australian “buy now, pay later” firm, in an all-stock deal valued on announcement at US$29bn (A$39bn). Investors and security holders will be able to obtain (if and when available) free copies of the registration statement on Form S-4, the proxy statement, the prospectus, the scheme booklet, and other documents containing important information about Square and the proposed transaction, once such documents are filed with the SEC through the website maintained by the SEC at http://www.sec.gov. The Innovation Stack is a thrilling business narrative that's much bigger than the story of Square. He then rewards the reader with deeper context, humor and his iconic snarky point of view. This is a book that you'll refer to time and time again and it's one that will ultimately have impact on your bank's strategy and bottom line. “Afterpay is deeply committed to helping people spend responsibly without incurring service fees for those who pay on time,” the companies said in a joint press release announcing the transaction. “The transaction marks an important recognition of the Australian technology sector as homegrown innovation continues to be shared more broadly throughout the world. In a joint press release on Sunday, Square and Afterpay said that the sale would allow both companies to expand access to consumers and drive … ... Square will debit your linked bank account. Afterpay is on a mission to power an economy in which everyone wins. Square, led … Square, Inc. (NYSE: SQ) and Afterpay Limited (ASX: APT) today announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the issued shares in Afterpay by way of a recommended court-approved Scheme of Arrangement. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. The closing of the transaction is expected in the first quarter of calendar year 2022, subject to the satisfaction of certain closing conditions outlined below. Square will conduct a conference call tomorrow jointly with Afterpay, August 2, 2021 at “By combining with Square, we will further accelerate our growth in the U.S. and globally, offer access to a new category of in-person merchants, and provide a broader platform of new and valuable capabilities and services to our merchants and consumers. Square, a popular Payment services provider platform which is owned by Jack Dorsey, announ c ed on 1 August that they settled a deal of $29 billion to … With blockchain, we will put an end to the monopoly of government-issued currencies, as suggested in the title of Hayek’s work – “Denationalization of Money.” Blockchain will simplify the set of concepts revolving around financial services and the complexity of the IT systems. The distribution of this communication may be subject to legal or regulatory restrictions in certain jurisdictions. "When two woodland friends have a misunderstanding over who ate the last hazelnut, they eventually find that holding a grudge is a lot less rewarding than mending their relationship"-- Investors. ENDRA Life Sciences Expands Pharmaceutical Partnerships with VGI Health... AutoSens Awards AEye Founder and Chief Technology Officer Luis Dussan the... TruTrace Technologies Signs Global Partnership with Laava to Focus on... 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Square plans to acquire the Australian buy now-pay later company Afterpay for $29 billion and expects the deal to close by the end of the first quarter next year, the company said in a press release Sunday. In another press release shared yesterday, Square announced that its total net revenue increased by 143% year-over-year to $4.68 billion in the second quarter of 2021. Brings together two of the fastest growing global fintech companies to advance shared mission of economic empowerment and financial inclusion. Buy now pay later. In a joint press release on Sunday, Square and Afterpay said that the sale would allow both companies to expand access to consumers and drive incremental revenue for merchants of all … Jack Dorsey’s company Square has announced that it plans to acquire Australian technology company Afterpay. This is the saga of three generations of a single family and the mark they would leave on the world, a tale that moves from the bustling streets of early twentieth-century Brooklyn to the seaside palaces of Greenwich, Connecticut, and Cap ... Individuals use Cash App to spend, send, store, and invest money. We are fully aligned with Square’s purpose and, together, we hope to continue redefining financial wellness and responsible spending for our customers,” said Anthony Eisen and Nick Molnar, Afterpay Co-Founders and Co-CEOs. We built our business to make the financial system more fair, accessible, and inclusive, and Afterpay has built a trusted brand aligned with those principles,” said Jack Dorsey, Co-Founder and CEO of Square. ... New sellers must activate their Square account using your referral link in order for a referral reward to be issued. The transaction is expected to close in early 2022. The Square-Afterpay deal is expected to close in the first quarter of 2022, and at Aus$39 billion would be the largest deal in Australian corporate history. Square's Referral Program. For Square, BNPL presents an attractive opportunity supported by shifting consumer preferences away from traditional credit, especially among younger consumers, consistent demand from merchants for new ways to grow their sales, and the global growth in omnichannel commerce. "William the wild is a little boy with a huge imagination. Wherever he goes, whatever he does becomes an adventure with Australian wildlife. Look for all the Australian creatures in this beautifully illustrated picture book."--Back cover. We use cookies to improve your user experience and our services. Square announced to acquire Afterpay with Deal Worth $29B. ASX Announcements - Afterpay Corporate. Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later” option for merchants, in an all-stock deal valued at about $29 billion. for investors and those interested, stay up-to-date. We cannot assure you that the results, events, and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements. Square announced yesterday that it will be signing a Scheme Implementation Deed with fintech firm, Afterpay. Announces Plans to Acquire Afterpay, Strengthening and Enabling Further Integration Between its Seller and Cash App Ecosystems. News Press Releases. In connection with the proposed transaction, Square, Inc. (“Square”) intends to file with the Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 to register the shares of Square Class A common stock to be issued in connection with the transaction (including a prospectus therefor), which will include a proxy statement that will be sent to the shareholders of Square seeking their approval of such issuance. Afterpay empowers consumers to access the things they want and need, while allowing them to maintain financial wellness and control. From the creator of the immensely popular Happy Planner and Me and My BIG Ideas, Stephanie Fleming, comes Plan a Happy Life(TM)--a delightfully practical book that shows you how to simplify, organize, and live with intention, all while ... In connection with the proposed transaction, Square, Inc. (“Square”) intends to file with the Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 to register the shares of Square Class A common stock to be issued in connection with the transaction (including a prospectus therefor), which will include a proxy statement that will be sent to the shareholders of Square seeking their approval of such issuance. Square has agreed to establish a secondary listing on the Australian Securities Exchange (ASX) to allow Afterpay shareholders to trade Square shares via CHESS Depositary Interests (CDIs) on the ASX. As of June 30, 2021, Afterpay serves more than 16 million consumers and nearly 100,000 merchants globally, including major retailers across key verticals such as fashion, homewares, beauty, sporting goods and more. Sellers use Square to reach buyers online and in person, manage their business, and access financing. Following completion of the transaction, Afterpay shareholders are expected to own approximately 18.5% of the combined company on a fully diluted basis. Square, the digital payments giant co-founded by Twitter CEO Jack Dorsey, has this week acquired Australian fintech company Afterpay. “We are thrilled to not only add this product to our Seller ecosystem, but to do it with a trusted and innovative team.”, “The addition of Afterpay to Cash App will strengthen our growing networks of consumers around the world, while supporting consumers with flexible, responsible payment options,” said Brian Grassadonia, Lead of Square’s Cash App business. Square, led by Twitter partner Jack Dorsey, has already bought it a large part in Tidal and he introduced a new one Bitcoin business in 2021.. " --The Washington Post In this comprehensive, revelatory biography--fifteen years of interviews and research in the making--historian Jane Sherron De Hart explores the central experiences that crucially shaped Ginsburg's passion for ... Postmedia has not reviewed the content. Square, Inc. (NYSE: SQ) and Afterpay Limited (ASX: APT) today announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the … This is the kind of mud that will dirty your hands and cleanse your spirit.’ —Michael Mohammed Ahmad, author of The Lebs ‘Both cosmopolitan and Australian at the same time, Muddy People is like the best kind of cake: warm, sweet, a ... Shipping worldwide. In a separate press release issued today, Square announced its financial results for the second quarter of 2021, which is available on Square’s Investor Relations website, investors.squareup.com . Plumbing the messy relationships among nationality, ethnicity, kinship, religion, and belonging, The Inheritance takes us into the gulf between the facts of history and the stories we tell ourselves to survive and justify them. Hence the central theses of this book not only help us better understand the nature of our own mental states, but also help us better understand the nature of our responsibilities to each other. Afterpay has teamed up with Crocs and JD Sports to release two limited-edition drops, each made in collaboration with exciting creators. Square said it agreed to buy all of the Australian company’s shares. This was revealed in a … The all-stock acquisition is … View source version on businesswire.com: https://www.businesswire.com/news/home/20210801005042/en/, Get the latest news and updates from Stockhouse on social media, Stockhouse.com use cookies on this site. Square plans to integrate Afterpay into its existing Seller and Cash App business units, enable even the smallest of merchants to offer BNPL at checkout, give Afterpay consumers the ability to manage their installment payments directly in Cash App, and give Cash App customers the ability to discover merchants and BNPL offers directly within the app. SAN FRANCISCO & MELBOURNE, Australia — Square, Inc. (NYSE: SQ) and Afterpay Limited (ASX: APT) … The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties, and other factors described from time to time in Square’s filings with the SEC and Afterpay’s filings with the ASX, including Square’s Annual Report on Form 10-K for the year ended December 31, 2020 and most recent Quarterly Report on Form 10-Q and Afterpay’s Annual Report for the financial year ended June 30, 2020 (Appendix 4E), Half-Year Report for the half year ended December 31, 2020 (Appendix 4D), Q3 FY21 Business Update for the quarter ended March 31, 2021, and FY21 Trading Update for the financial year ended June 30, 2021, and future filings and reports by either Square or Afterpay. The deal is finalized with $29 billion worth of Square’s stock. Stay in the loop for updates. Additional Information and Where to Find It. Afterpay, US’ leader in ‘Buy Now, Pay Later’ payments, has teamed up with Crocs and JD Sports to unveil two limited-edition drops, at the Dropshop franchise in New York’s Times Square. People … Ads. “Afterpay is deeply committed to helping people spend responsibly without incurring service fees for those who pay on time,” the companies said in a joint press release announcing the … Touching, contemplative, and always surprising, these stories introduce an array of imperfect characters—awkward, self-defeating, elf-involved, or just plain odd. Investors and security holders will be able to obtain those documents released by Afterpay to the Australian Securities Exchange (“ASX”) announcements platform free of charge at ASX’s website, www.asx.com.au. By providing my email, I consent to receiving messages from Stockhouse. You are already a member! Crocs and social media star Bretman “Da Baddest” Rock will reveal an exclusive collection of Jibbitz™ charms, available in limited pre-release quantities at the Times Square DROPSHOP experience. Each spread in this board book is actually something else entirely -- from a flip phone and a folded t-shirt to an elephant's trunk and much more. Digital payments company Square Inc says it has agreed to acquire Australian buy now, pay later company Afterpay in an all-stock deal valued at about 29 billion dollars (£20.8 billion). © 2021 Financial Post, a division of Postmedia Network Inc. All rights reserved. The CDIs listed on the ASX are expected to be eligible for S&P index inclusion in Australia. Square, Inc. Financial Market Data powered by QuoteMedia. It also provides our shareholders with the opportunity to be a part of future growth of an innovative company aligned with our vision.” For Square, BNPL presents an attractive opportunity supported by shifting consumer preferences away from traditional credit, especially among younger consumers, consistent demand from merchants for new ways to grow their sales, and the global growth in omnichannel commerce. Individuals use Cash App to spend, send, store, and invest money. This is the book that smashed sales records and sold over a million copies around the world. Making Money Made Simple illustrates the essentials of money, investment, borrowing and personal finance in a way that only Noel knows how. Recently, Square revealed it was buying the Australian fintech platform Afterpay, for a deal of $29 billion. Brings together two of the fastest growing global fintech companies to advance shared mission of economic empowerment and financial inclusion. Follow us. “Afterpay is deeply committed to helping people spend responsibly without incurring service fees for those who pay on time,” the companies said in a joint press release announcing the transaction. Square, Inc. Payments giant Square announced plans to buy Australian buy now, pay later platform Afterpay for $29 billion (A$39 billion), according to a press release.. Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. "Is your dad ... strong, silly, clever and caring to you? Look inside this colour filled funny book and check your dad out!"--Back cover. This represents an approximate 21.9% premium over the 10-day volume weighted average Afterpay share price, and an approximate 10.5% premium over the 30-day volume weighted average Afterpay share price, each as of July 30, 2021.

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