Financial Strategies Acquisition Corp. announced the pricing of its $87 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FXCOU” Friday, December 10.
The new SPAC intends to combine with a business in the fintech and financial services industries with an equity value of approximately $300 million to $500 million. Financial Strategies is led by CEO Jamie Khurshid, CFO Horst Rzepka, and Chairman Jeffrey Peel.
Total SPAC deal count for 2021 year-to-date is now 583. This offering is expected to close on Tuesday, December 14.
I-Bankers Securities, Inc. is acting as the sole book-running manager of the offering. Haynes and Boone, LLP is serving as Issuer’s Counsel with Schiff Hardin LLP serving as Underwriter’s Counsel. Grant Thornton LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Stellar V Capital Corp. (NASDAQ:SVCCU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SVCCU”, Thursday, January 30, 2025. The new SPAC intends to pursue a broad search process but with a focus on completing a combination with an established business of...
Cartesian Growth Corporation III has filed for a $200 million SPAC to give the Cartesian Growth team a fresher searching vehicle as it seeks to build on the success of its first business combination. The new SPAC has not overfunded its trust and will distribute 1/2 warrants inside of its units. This is something of...
Gesher Acquisition Corp. II (NASDAQ:GSHRU) has filed for a $125 million SPAC to bring an Israeli tech firm public with the help of underwriter BTIG. The Gesher team notched its first SPAC deal in 2023 after pricing its IPO in 2021, underwritten by EarlyBirdCapital with similar terms. This time it is shooting for a raise...
At the SPAC of Dawn The ripples cast by DeepSeek’s shockingly cheap AI model continue to be felt across the preferred target sectors of SPACs and many de-SPACs are attempting to show they can roll with these new punches. Indian car insurance technology de-SPAC Roadzen (NASDAQ:RDZN) just announced that it was integrating DeepSeek into its...
FG Merger II Corp. (NASDAQ:FGMCU) announced the pricing of its $80 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FGMCU”, Wednesday, January 29, 2025. The new SPAC intends to combine with a target company in the financial services industry in North America. FG Merger II’s sponsor team...