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InterPrivate III Financial Partners Priced, NYSE: IPVF

Third blank check company backed by InterPrivate targeting financial services (liquidated).

Industry: SPAC

Latest Trade: $11.10 0.00 (0.0%)

First Day Return: +0.1%

Return from IPO: +11.0%

Industry: SPAC

We are a blank check company. Our sponsor is controlled by affiliates of Ahmed M. Fattouh, our Chairman and Chief Executive Officer, and InterPrivate. We currently intend to concentrate our efforts in identifying businesses in the financial services industry with a particular focus on tech-enabled companies where our expertise, experience, network and access to public markets will allow us to identify differentiated merger opportunities. We plan to seek opportunities in the following financial services sub-sectors: (i) Asset & Wealth Management; (ii) Banking (traditional banking services, core banking infrastructure and platforms, BAAS, IAAS & SAAS); (iii) Non-Bank Lending (Commercial, Consumer, Mortgage, Auto-Finance, etc.); (iv) Payments; (v) Insurance (Personal and Commercial Lines); and (vi) Other (Data & Analytics, RegTech, Risk Management, etc.). We are not, however, required to complete our initial business combination in the financial services sector and, as a result, we may pursue a business combination outside of that industry. Other factors may include focusing on target companies with an enterprise value of $1 billion or more, although we will not necessarily be limited to pursuing transactions with companies of this size.
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IPO Data
IPO File Date 02/17/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/04/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
EarlyBirdCapital
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 5
Website www.interprivate.com

InterPrivate III Financial Partners (IPVF) Performance