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.