FTAC Zeus Acquisition Corp. announced the pricing of its upsized $350 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ZINGU” Friday, November 19.
The new SPAC intends to identify technology and financial services technology, or fintech, companies that power transformation and innovation. FTAC Zeus is led by Chairman of the Board Daniel G. Cohen, President and Chief Executive Officer Ryan M. Gilbert, and Chief Financial Officer and Secretary Joseph W. Pooler, Jr.
Total SPAC deal count for 2021 year-to-date is now 549. This offering is expected to close on Tuesday, November 23.
Citigroup Global Markets Inc. is serving as the sole book-running manager for the offering. Ledgewood, PC is serving as Issuer’s Counsel with Latham & Watkins LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Blue Ocean (NASDAQ:BOCN) provided significantly more texture today in the presentation for its $275 million combination with Asian digital media group TNL Mediagene, which it expects to hit profitability in the second half of the year despite a slight shakeup in financing for the transaction. The first big update in the first investor deck is...
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At the SPAC of Dawn Ever since Digital World announced its combination with Trump Media (NASDAQ:DJT) back in October 2021, it was clear that SPACworld and the Trump show were set to be intertwined for quite some time. And, although not every headline has a bearing on the wider SPAC world, Trump Media’s post-close rise...
AltC (NYSE:ALCC) has reportedly been taking the pitch deck for its combination with nuclear fission firm Oklo on the road in recent weeks, which has generated the rare result of a SPAC trading significantly above its trust value still well before completing its deal. The SPAC has an estimated $10.59 per share in its trust...