Form DEF 14A Paysign, Inc. For: Aug 05



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Table of Contents

United States

Securities and Exchange Commission

Washington, D.C. 20549

 

SCHEDULE 14A

(Rule 14a-101)

 

Proxy Statement Pursuant to Section 14(a)
of the

Securities Exchange Act of 1934

 

 

Filed by the Registrant     ☒

Filed by a Party other than the Registrant    ☐

 

Check the appropriate box:

 

Preliminary Proxy Statement
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
Definitive Proxy Statement
Definitive Additional Materials
Soliciting Material Pursuant to §240.14a-12

 

PAYSIGN, INC.

(Name of Registrant As Specified In Its Charter)

 

_______________________________________________________________________

(Name of Person(s) Filing Proxy Statement if
other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

 

  No fee required.
   
  Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
     
    (1)  

Title of each class of securities to which transaction applies:

  

    (2)  

Aggregate number of securities to which transaction applies:

  

    (3)  

Per unit price or other underlying value of transaction computed pursuant
to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

  

    (4)  

Proposed maximum aggregate value of transaction:

  

    (5)  

Total fee paid:

  

   
  Fee paid previously with preliminary materials.
   
  Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
     
    (1)  

Amount Previously Paid: 

  

    (2)  

Form, Schedule or Registration Statement No.: 

  

    (3)  

Filing Party: 

  

    (4)  

Date Filed: 

  

  

 

 


 

PAYSIGN, INC.

2615 St. Rose Parkway

Henderson, Nevada 89052

 

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

 

June 23, 2021

 

 

Dear Stockholder:

 

You are cordially invited to attend the annual
meeting of stockholders of Paysign, Inc. The meeting will be held on Friday, August 5, 2021 at 4:00 p.m. (Pacific Daylight Time) at M
Resort Spa Casino, located at 12300 Las Vegas Blvd. S, Henderson, Nevada 89044, for the following purposes:

 

  1. To elect the seven nominees named in this proxy statement for director to hold office until the 2021 annual meeting of our stockholders.

 

  2. To ratify the selection of BDO USA, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2021.

 

  3. To conduct any other business properly brought before the meeting.

 

These items of business are more fully described
in the proxy statement accompanying this Notice.

 

In addition, the proxy statement contains other
important information about Paysign, Inc., including information about the role and responsibilities of our Board of Directors and its
committees, information about executive compensation, and information about the beneficial ownership of Paysign, Inc. securities.

 

Your vote is very important. Whether or not you
plan to attend the annual meeting in person, please complete and return the enclosed proxy card.

 

   
  Sincerely yours,
   
  /s/ Robert Strobo, Esq.
  Robert Strobo, Esq.
  General Counsel, Chief Legal Officer and Secretary

 

 

You are cordially invited to attend the meeting
in person. Whether or not you expect to attend the meeting, please vote over the internet or by telephone, or, if you requested to receive
printed proxy materials, by mailing a proxy or voting instruction card, as promptly as possible in order to ensure your representation
at the meeting. Voting instructions are provided in the Notice of Internet Availability of Proxy Materials, or, if you receive a proxy
card by mail, the instructions are printed on your proxy card and included in the accompanying proxy statement. Even if you have voted
by proxy, you may still vote in person if you attend the meeting. Please note, however, that if your shares are held of record by a broker,
bank or other nominee and you wish to vote at the meeting, you must obtain a proxy issued in your name from that record holder.

 

 


 

TABLE OF CONTENTS

 

 

 

 

 


 

PAYSIGN, INC.

2615 St. Rose Parkway

Henderson, Nevada 89052

 

PROXY STATEMENT

FOR 2021 ANNUAL MEETING OF STOCKHOLDERS

To Be Held on August 5, 2021

 

This proxy statement contains information about
the 2021 annual meeting of stockholders (“2021 Annual Meeting”) of Paysign, Inc. (referred to in this proxy statement as “Paysign,”
“the Company,” “we,” “our” or “us”). The meeting will be held on Thursday, August 5, 2021,
beginning at 4:00 p.m. local time, at M Resort Spa Casino, located at 12300 Las Vegas Blvd. S, Henderson, Nevada 89044.

 

This proxy statement is furnished in connection
with the solicitation of proxies by our Board of Directors for use at the 2021 Annual Meeting and at any adjournment of that meeting.
All proxies will be voted in accordance with the instructions they contain. If you do not specify your voting instructions on your proxy,
it will be voted in accordance with the recommendations of our Board of Directors.

 

These proxy materials, together with our annual
report to stockholders for our 2020 fiscal year, are first being made available to Paysign, Inc. stockholders online on June 23, 2021
at www.iproxydirect.com/PAYS and at www.paysign.com. The Notice of Internet Availability of Proxy Materials is first being mailed
to certain stockholders on or about June 23, 2021. For ease of voting, stockholders are encouraged to vote using the Internet. We encourage
you to access and review all of the important information in the proxy materials before voting.

 

QUESTIONS AND ANSWERS ABOUT THE 2021 ANNUAL
MEETING AND VOTING

 

Why did I receive a notice regarding the availability of proxy materials
on the internet?

 

Pursuant to rules adopted by the Securities and
Exchange Commission (the “SEC”), we have elected to provide access to our proxy materials over the internet. Accordingly,
we have sent you a Notice of Internet Availability of Proxy Materials (the “Notice”) because our Board of Directors is soliciting
your proxy to vote at the 2021 Annual Meeting, including at any adjournments or postponements of the meeting. All stockholders will have
the ability to access the proxy materials on the website referred to in the Notice or request to receive a printed set of the proxy materials.
Instructions on how to access the proxy materials over the internet or to request a printed copy may be found in the Notice.

 

We intend to mail the Notice on or about June 23,
2021 to all stockholders of record entitled to vote at the 2021 Annual Meeting.

 

What is the purpose of the annual meeting?

 

At our 2021 Annual Meeting, stockholders will consider
and vote on the following matters:

 

  1. To elect the seven nominees…



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Form DEF 14A Paysign, Inc. For: Aug 05

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