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Enterprise 4.0 Technology Acquisition Corp. (ENTFU) Prices Upsized $261M IPO


Enterprise 4.0 Technology Acquisition Corp. (ENTFU) Prices Upsized $261M IPO

Oct 19, 2021 IPOs by Marlena Haddad

Enterprise 4.0 Technology Acquisition Corp. announced the pricing of its upsized $261 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “ENTFU” Tuesday, October 19.

The new SPAC intends to focus its search on companies in the technology industry. Enterprise 4.0 Technology Acquisition Corp. is led by CEO Eric Benhamou, CFO Chris Paisley, COO Ron Sege, and Chief Acquisition Officer Yashwanth Hemaraj.

Total SPAC deal count for 2021 year-to-date is now 475. This offering is expected to close on Thursday, October 21.

Cantor Fitzgerald & Co. and Mizuho Securities USA LLC are acting as joint book running managers for 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 is acting as trustee.