Shift4 Payments Inc Stock Price, News & Analysis

Shift4 Payments, Inc. (NYSE: FOUR) has initiated a consent solicitation for its $450 million 4.625% Senior Notes due 2026. The purpose is to gain consent from holders of the Notes to amend the indenture, enabling capital stock repurchases under a 5.0% Market Capitalization exception. The solicitation commenced on March 11, 2022, and will expire on March 17, 2022, at 5:00 p.m. ET. A consent fee of $10 per $1,000 in principal will be paid for valid consents received by the expiration time. Shift4 requires a majority consent to proceed with the amendment.

Shift4 (NYSE: FOUR) has partnered with the Portland Timbers, a Major League Soccer club, to enhance fan experiences at Providence Park. This collaboration integrates Shift4's advanced payment solutions, including POS hardware, mobile ordering, and self-service kiosks. The new system will streamline transactions for fans on matchdays, offering mobile orders for food, beverages, and merchandise. The partnership aims to simplify commerce at the venue and improve operational efficiencies for the club.

Shift4 (NYSE: FOUR) has announced the acquisition of Finaro, a European cross-border eCommerce payment provider, and The Giving Block, a cryptocurrency fundraising platform for nonprofits. These moves are aimed at enhancing Shift4's capabilities in the rapidly growing eCommerce and cryptocurrency sectors. The acquisitions are projected to add over $15 billion in payment volume and $35 million in adjusted EBITDA by 2023, positioning Shift4 to tap into the $470 billion nonprofit market while advancing its global expansion efforts.

Shift4 (NYSE: FOUR) announced its fourth quarter and full year 2021 financial results in a shareholder letter available on its Investor Relations website. The company, a leader in integrated payments and commerce technology, has positioned itself by powering billions of transactions annually across various industries. A conference call to discuss these results took place on March 1, 2022, at 8:30 a.m. ET, inviting stakeholders to engage in the discussion. Detailed financial metrics can be accessed through the shareholder letter on the company's IR site.

Shift4 (NYSE: FOUR) will participate in several upcoming investor conferences. CEO Jared Isaacman will present at:

• Evercore’s ISI 6th Annual Payments & FinTech Innovators Forum on March 3 at 9:30 AM ET.
• Raymond James & Associates’ Institutional Investors Conference on March 8 at 8:05 AM ET.
• Wolfe Research FinTech Forum on March 10 at 8:25 AM ET.
• Bank of America’s Electronic Payments Symposium on March 22 at 10:30 AM ET.

Live webcasts will be available on Shift4’s Investor Relations website.

Shift4 (NYSE: FOUR) has been named the Official Payment Solutions Partner of the United Soccer League (USL), marking its first league-wide partnership. This multi-year deal will enhance the payment experience for fans across the USL, providing integrated services like mobile ordering and eCommerce. USL plans significant expansion with nearly 80 teams and 25-30 new stadiums in the next three years. Shift4 will also support USL’s Inspirational Business of the Year Award to recognize impactful local businesses.

Shift4 (NYSE: FOUR) has partnered with Audi Field to manage all commerce transactions for D.C. United matches, enhancing the fan experience through a unified mobile payment platform. The partnership aims to streamline payment processes for food, beverages, merchandise, and more, set to launch on February 26 before the season opener. This integration includes leveraging VenueNext’s payment technology, ensuring a frictionless experience for attendees, aligning with the growing trend of mobile-first commerce.

Shift4 (NYSE: FOUR), led by Jared Isaacman, has launched the Polaris Program, aimed at advancing human spaceflight and raising funds for St. Jude Children’s Research Hospital. The program includes up to three missions, with the first, Polaris Dawn, expected in Q4 2023. This mission will attempt the highest Earth orbit yet and include the first commercial spacewalk. The crew features experienced astronauts dedicated to scientific research related to human health in space.

Shift4 (NYSE: FOUR) will release its fourth quarter 2021 financial results before market open on March 1, 2022. A conference call and webcast will follow at 8:30 am ET to discuss performance. Registration for the call is available until it starts, and a replay will be accessible afterward. Shift4 is a leader in integrated payments and commerce technology, processing billions of transactions annually for businesses worldwide. For more details, visit Shift4 Investor Relations.