Foley Trasimene Acquisition Corp. II (BFT.U) Prices Upsized $1.3 Billion IPO
by Kristi Marvin on 2020-08-18 at 7:22pm

Foley Trasimene Acquisition Corp. II (BFT.U), announced the pricing of their $1.3 billion SPAC IPO this evening and the shares are expected to begin trading tomorrow, Wednesday, August 19th, under the symbol NYSE: BFT.U.

Foley Trasimene II will be focusing on target businesses in the financial technology or information and business services sectors and will be led by William P. Foley, II, as Founder and Chairman, and Richard N. Massey, as Chief Executive Officer and Director.

Total SPAC deal count for 2020 year-to-date is now 75 with $30.2 billion in gross proceeds raised. The offering is anticipated to close on Friday, August 21, 2020.


Credit Suisse Securities (USA) LLC and BofA Securities are acting as joint book-running managers for the offering. Weil, Gotshal & Manges LLP and Davis Polk & Wardwell LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee. 

 

Foley Trasimene Acquisition Corp. II (BFT.U) Prices Upsized $1.3 Billion IPO
Recent Posts
by Nicholas Alan Clayton on 2025-07-17 at 12:54pm

Cantor Equity Partners I (NASDAQ:CEPO) has entered into a definitive agreement to combine with Bitcoin Standard Treasury in a transaction that is worth about $4.8 billion. Bitcoin Standard Treasury aims to bring in capital from a number of equity instruments to build up one of the largest US-listed Bitcoin treasuries. The combined company is expected...

by Nicholas Alan Clayton on 2025-07-17 at 8:29am

At the SPAC of Dawn Several de-SPACs have made market-moving announcements recently and they haven’t forgotten to cash in on them. Fresh off of announcing $500 million strategic investment and partnership with Apple (NASDAQ:AAPL), rare earth miner MP Materials (NYSE:MP) has followed that up with a $500 million public offering, netting the company a cool...

by Kristi Marvin on 2025-07-16 at 5:33pm

Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...

by Nicholas Alan Clayton on 2025-07-16 at 8:18am

At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...

by Nicholas Alan Clayton on 2025-07-15 at 7:20pm

Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SOCAU”, Wednesday, July 16, 2025. The new SPAC plans to combine with a target in the asset management, wealth management or financial services industries. Solarius Capital’s management team...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved