SEC Form SC 13G filed by Paysafe Limited

2/14/22 11:58:08 AM ET

$PSFE

Business Services

Consumer Discretionary

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SC 13G 1 fnf-ccapschedule13gpaysafe.htm SC 13G Document

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Amendment No. )

Under the Securities Exchange Act of 1934*

__________________________________________

Paysafe Ltd.

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

G6964L107

(CUSIP Number)

December 31, 2021

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ] Rule 13d-1(b)

[x] Rule 13d-1(c)

[ ] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. G6964L107			13G


1	NAME OF REPORTING PERSON Fidelity National Financial, Inc.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x (b)
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
		5	SOLE VOTING POWER 0 (1) (See Item 4)
NUMBER OF SHARES BENEFICIALLY OWNED BY		6	SHARED VOTING POWER 50,000,000 (1) (See Item 4)
EACH REPORTING PERSON WITH:		7	SOLE DISPOSITIVE POWER 0 (1) (See Item 4)
		8	SHARED DISPOSITIVE POWER 50,000,000 (1) (See Item 4)
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,000,000 (1) (See Item 4)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.91% (1) (See Item 4)
12	TYPE OF REPORTING PERSON* HC

(1) As of December 31, 2021. Calculated based on 723,712,382 Common Shares outstanding as of October 4, 2021, as set forth in the Issuer’s Prospectus Supplement filed pursuant to Rule 424(b)(3) on October 7, 2021.


CUSIP No. G6964L107			13G


1	NAME OF REPORTING PERSON Chicago Title Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x (b)
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Florida
		5	SOLE VOTING POWER 0 (1) (See Item 4)
NUMBER OF SHARES BENEFICIALLY OWNED BY		6	SHARED VOTING POWER 18,000,000 (1) (See Item 4)
EACH REPORTING PERSON WITH:		7	SOLE DISPOSITIVE POWER 0 (1) (See Item 4)
		8	SHARED DISPOSITIVE POWER 18,000,000 (1) (See Item 4)
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,000,000 (1) (See Item 4)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.49% (1) (See Item 4)
12	TYPE OF REPORTING PERSON* IC

(1) As of December 31, 2021.Calculated based on 723,712,382 Common Shares outstanding as of October 4, 2021, as set forth in the Issuer’s Prospectus Supplement filed pursuant to Rule 424(b)(3) on October 7, 2021.


CUSIP No. G6964L107			13G


1	NAME OF REPORTING PERSON Fidelity National Title Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x (b)
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Florida
		5	SOLE VOTING POWER 0 (1) (See Item 4)
NUMBER OF SHARES BENEFICIALLY OWNED BY		6	SHARED VOTING POWER 18,000,000 (1) (See Item 4)
EACH REPORTING PERSON WITH:		7	SOLE DISPOSITIVE POWER 0 (1) (See Item 4)
		8	SHARED DISPOSITIVE POWER 18,000,000 (1) (See Item 4)
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,000,000 (1) (See Item 4)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.49% (1) (See Item 4)
12	TYPE OF REPORTING PERSON* IC


CUSIP No. G6964L107			13G


1	NAME OF REPORTING PERSON Commonwealth Land Title Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x (b)
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Florida
		5	SOLE VOTING POWER 0 (1) (See Item 4)
NUMBER OF SHARES BENEFICIALLY OWNED BY		6	SHARED VOTING POWER 9,000,000 (1) (See Item 4)
EACH REPORTING PERSON WITH:		7	SOLE DISPOSITIVE POWER 0 (1) (See Item 4)
		8	SHARED DISPOSITIVE POWER 9,000,000 (1) (See Item 4)
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,000,000 (1) (See Item 4)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.24% (1) (See Item 4)
12	TYPE OF REPORTING PERSON* IC


CUSIP No. G6964L107			13G


1	NAME OF REPORTING PERSON Fidelity & Guaranty Life Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x (b)
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Iowa
		5	SOLE VOTING POWER 0 (1) (See Item 4)
NUMBER OF SHARES BENEFICIALLY OWNED BY		6	SHARED VOTING POWER 5,000,000 (1) (See Item 4)
EACH REPORTING PERSON WITH:		7	SOLE DISPOSITIVE POWER 0 (1) (See Item 4)
		8	SHARED DISPOSITIVE POWER 5,000,000 (1) (See Item 4)
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,000,000 (1) (See Item 4)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.69% (1) (See Item 4)
12	TYPE OF REPORTING PERSON* IC


CUSIP No. G6964L107			13G

Item 1(a). Name of Issuer

Paysafe Ltd. ("Issuer").

Item 1(b). Address of Issuer's Principal Executive Offices

Victoria Place

31 Victoria Street

Hamilton H10, Bermuda

Item 2(a). Name of Person Filing

This statement is being filed on behalf of:

(i) Fidelity National Financial, Inc. ("FNF")

(ii) Commonwealth Land Title Insurance Company ("CLTIC")

(iii) Fidelity National Title Insurance Company ("FNTIC"); and

(iiii) Chicago Title Insurance Company ("CTIC")

(iv) Fidelity & Guaranty Life Insurance Company ("FGLIC")

Item 2(b). Address of Principal Business Office or, if None, Residence

The principal business office of FNF, CLTIC, FNTIC, and CTIC is:

601 Riverside Ave

Jacksonville, Florida 32204

The principal business office of FGLIC is:

801 Grand Ave., Suite 2600

Des Moines, Iowa 50309

Item 2(c). Citizenship

FNF is a Delaware corporation. CLTIC, FNTIC, and CTIC are Florida corporations. FGLIC is an Iowa corporation.

Item 2(d). Title of Class of Securities

Common Stock, $0.0001 par value per share, of the Issuer (“Common Stock”).

Item 2(e). CUSIP Number

G6964L107

Item 3. Not applicable.

Item 4. Ownership

(a)-(c) The responses of the Reporting Persons to Rows 5, 6, 7, 8, 9 and 11 in each of their respective cover pages which relate to the beneficial ownership of the Common Stock of the Issuer, as of December 31, 2021, are incorporated herein by reference. As of December 31, 2021, FNF indirectly beneficially owned an aggregate of 50,000,000 shares of Common Stock (which includes all of the shares of Common Stock owned by CLTIC, FNTIC, CTIC, and FGLIC, wholly-owned subsidiaries by FNF), representing approximately 7.67% of the shares of Common Stock outstanding (based on 723,712,382 Common Shares outstanding as of October 4, 2021, as set forth in the Issuer’s Prospectus Supplement filed pursuant to Rule 424(b)(3) on October 7, 2021).

Item 5. Ownership of Five Percent or Less of a Class

Not applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person

The responses of the Reporting Persons to Items 2(a) and 4 are incorporated herein by reference.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company

Not applicable.

Item 8. Identification and Classification of Members of the Group

Not applicable.

Item 9. Notice of Dissolution of Group

Not applicable.

Item 10. Certification

Not applicable.

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated:

February 14, 2022

FIDELITY NATIONAL FINANCIAL, INC.

By:

/s/ Michael L. Gravelle

Name:

Michael L. Gravelle

Title:

Executive Vice President, General Counsel and Corporate Secretary

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Date	Price Target	Rating	Analyst
5/16/2025	$14.30	Underperform → Neutral	BofA Securities
1/17/2024	$19.00	Buy	BTIG Research
11/30/2023	$11.00	Hold	Jefferies
10/20/2023	$10.00	Sell	UBS
8/31/2022	$5.00 → $2.00	Positive → Neutral	Susquehanna
8/11/2022	$4.00 → $3.00	Outperform → Sector Perform	RBC Capital Mkts
8/11/2022	$2.25 → $2.00	Neutral → Underperform	Credit Suisse
3/3/2022	$13.00 → $9.00	Positive	Susquehanna

SEC Form SC 13G filed by Paysafe Limited

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SEC Form SC 13G filed by Paysafe Limited

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Recent Analyst Ratings for $PSFE

Recent Analyst Ratings for
$PSFE