The new company aims to combine with a scalable fintech target with distinct business strengths and differentiations. Freedom Acquisition I is led by Executive Chairman Tidjane Thiam and CEO Adam Gishen.
Total SPAC deal count for 2021 year-to-date is now 186. This offering is expected to close on Tuesday, March 2.
J.P. Morgan is acting as the lead book-running manager of the offering. Deutsche Bank Securities and Morgan Stanley are acting as book-running managers of the offering. Academy Securities, Drexel Hamilton, Loop Capital Markets, R. Seelaus & Co., LLC and Siebert Williams Shank are acting as co-managers of the offering. Davis Polk & Wardwell LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.