Cantor-backed blank check CF Finance Acquisition prices $250 million IPO at $10

CF Finance Acquisition, a blank check company formed by the CEO of Cantor Fitzgerald, raised $250 million by offering 25 million units at $10. Units consist of one common share and three-quarters of one warrant, exercisable at $11.50. CF Finance Acquisition plans to list on the Nasdaq under the symbol CFFAU. Cantor Fitzgerald acted as a lead manager on the deal.