The new company aims to combine with a high growth technology company with an enterprise value of greater than $1 billion. Epiphany Technology is led by CEO, CFO and Director Peter Bell, and Chairman of the Board Arthur Coviello.
Total SPAC deal count for 2021 year-to-date is now 18 with $4.6 billion in gross proceeds raised. This offering is expected to close on Tuesday, January 12.
Cantor Fitzgerald & Co. is acting as sole book-running manager in the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.