Contrarian Corpus
Spruce Point Capital vs. Nuvei Corp

Nuvei Corp · NVEI

1 deck published between 2021-12-09 and 2021-12-09 — 119 pages, 119 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2021-12-09 initial thesis

    2021 12 65275e2d769cc3dc7c64e0f3_64e56477063401015773b1f1_nvei_research_thesis_12 9 2021 SM

    119pp · full_deck

    Nuvei is a thrice-rebranded payments roll-up run by executives tied to Ponzi schemes, fraud and adult-industry operators; peer-multiple re-rating implies 40-60% downside to $39-$58.