InFinT Acquisition Corp. announced the pricing of its upsized $173.9 million IPO and its units are expected to begin trading on the NYSE under the symbol “IFIN.U” Friday, November 19.
The new SPAC intends to focus on the financial software and information services companies operating at the intersection of the financial and business services sectors. InFinT is led by Chief Executive Officer Alexander Edgarov, Chief Financial Officer Sheldon Brickman, and Chairman of the Board Eric Weinstein.
Total SPAC deal count for 2021 year-to-date is now 553. This offering is expected to close on Tuesday, November 23.
EF Hutton, division of Benchmark Investments, LLC, is acting as lead book-running manager and Jones Trading Institutional Services is acting as joint book-running manager for the offering. K&L Gates LLC is serving as Issuer’s Counsel with Ortoli | Rosenstadt LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...