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Frontier Investment Priced, Nasdaq: FICVU

Blank check company formed by FIM Partners targeting "new economy" sectors (liquidated).

Industry: SPAC

Latest Trade: $10.70 +0.88 (+9.0%)

First Day Return: -0.1%

Return from IPO: -1.8%

Industry: SPAC

We are a blank check company. Our sponsor, Frontier Disruption Capital, is a newly incorporated Cayman Islands exempted company, formed by FIM Partners (“FIM”). FIM was established in 2008 as an independent specialist investment manager focused on high growth emerging markets across Asia and Africa. While we may pursue an acquisition or a business combination target in any business, industry or geography, we intend to focus our search on a target (our “Target Business”) with business operations or prospective operations in the technology, digital media, e-commerce, financial technology, or digital services sectors, which we refer to as the “new economy sectors”, across the high growth markets of the Middle East North Africa & Turkey (“MENAT”), Sub-Saharan Africa (“SSA”), South Asia (“SA”) and Southeast Asia (“SEA”). These markets are at different stages of development of the internet economy eco-system and growing rapidly, in some cases by rolling out models that are already proven in more developed markets (delivery apps, vertical and horizontal e-commerce, media streaming etc.) and in other instances innovative, tailored solutions addressing specific market needs (mobile wallets, alternative finance etc.). Often, global players are unable to provide the degree of localization required to create strong propositions.
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IPO Data
IPO File Date 06/11/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/30/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Company Data
Headquarters Wilmington, DE, United States
Founded 2021
Employees 2
Website www.fimpartners.com

Frontier Investment (FICVU) Performance