FACT II Acquisition Corp. (NASDAQ:FACTU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FACTU”, Tuesday, November 26, 2024.
The new SPAC intends to conduct a broad search and combine with a target company that has demonstrated operating expertise over the past two years with a focus on growing revenues.
FACT II’s sponsor team is led by Chief Executive Officer and Director Adam Gishen and Chief Financial Officer Min Lee. Robert Rackind, Nell Cady-Kruse, James Rallo, and Hella Alashkar will serve on its Board of Directors.
Total SPAC deal count for 2024 year-to-date is now 50. This offering is expected to close on Wednesday, November 27, 2024.
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, is acting as lead book-running manager, and Seaport Global Securities is acting as joint book runner. Paul Hastings LLP is serving as Issuer’s Counsel with Greenberg Traurig LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Odyssey Transfer and Trust Company is acting as trustee.
Four Leaf Acquisition Corporation (NASDAQ:FORL) has entered into a definitive agreement to combine with Chinese technology firm Xiaoyu Dida for undisclosed terms. The Guangzhou, China-based firm produces software and hardware for smart car washing systems. The parties have set December 31, 2025 as the initial outside date and the combined company is expected to trade...
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