The new SPAC intends to focus its search for a target business in the financial services, healthcare, real estate services, technology and software industries. CF VII is led by Chairman and CEO Howard W. Lutnick, President Anshu Jain, and CFO Jane Novak.
Total SPAC deal count for 2021 year-to-date is now 601. This offering is expected to close on Monday, December 20.
Cantor Fitzgerald & Co. is acting as the sole book running manager 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.