William P. Foley II cuts Paysafe (PSFE) holding below 5%
Rhea-AI Filing Summary
Paysafe Ltd. investor William P. Foley II filed Amendment No. 2 to Schedule 13D reporting beneficial ownership of 1,638,101 common shares, or 2.9% of the class. This percentage is based on 57,462,927 Paysafe common shares outstanding as of September 30, 2025, as disclosed in the company’s Form 20-F and reflecting a prior reverse stock split. The filing notes that, as of this amendment, Foley is no longer a beneficial owner of more than five percent of Paysafe’s common shares.
The amendment also states that Foley may no longer be deemed part of a group under Section 13(d)(3) that beneficially owns more than five percent of the common shares, following the withdrawal of TC LLC II from a shareholder agreement in accordance with its terms. Voting and dispositive power over the reported shares is shared, with no sole voting or dispositive power reported.
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