Fintech Acquisition Corp. III (FTACU) Prices Upsized $300 Million SPAC IPO

IPO

Fintech Acquisition Corp. III (FTACU) Prices Upsized $300 Million SPAC IPO

Nov 15, 2018 INTEL by SPACInsider

Fintech Acquisition Corp. III (FTACU), announced Thursday evening, the pricing of their upsized $300 million SPAC and will begin trading Friday under the symbol Nasdaq: FTACU.

The Fintech team, which has an impressive record with two successful SPACs under their belt, will once again be led by Betsy and Daniel Cohen, as Chairman and CEO, respectively. However, Fintech III will be the first SPAC with a six member Board of Directors made up entirely of women.

Additionally, of the three SPACs expected to price this week (AMCI, Boxwood and Fintech III), Fintech III was the only one to upsize while both AMCI and Boxwood needed to amend their terms, and in Boxwood’s case, also downsize.

Congratulations to all.  Nicely done.

Cantor Fitzgerald served as sole book-running manager and Northland Capital Markets as co-manager for the offering.

 

 

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