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FinServ Acquisition II Priced, Nasdaq: FSRXU

Second blank check company led by finance veterans targeting the fintech industry.

Industry: SPAC

Latest Trade: $9.86 +0.01 (+0.1%)

First Day Return: +11.5%

Return from IPO: -1.5%

Industry: SPAC

We are a newly organized blank check company formed as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Throughout this prospectus we will refer to this as our initial business combination. We currently intend to concentrate our efforts in identifying businesses in the financial technology (“FinTech”) and financial services industries with an equity value of approximately $500 million to $2.0 billion, with particular emphasis on businesses that are using technology to disrupt traditional financial services, asset management and related services, specialty finance, insurance and real estate services. We believe the creation and delivery of financial services products for consumers and businesses will undergo the most dramatic change over the next several years. There has been a rise in the level of sophistication and interconnectivity between innovative technology and financial services providers, and we expect this trend to continue and accelerate.
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IPO News for FinServ Acquisition II
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IPO Data
IPO File Date 02/02/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.5
Deal Size ($mm) $265
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/17/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.5
Deal Size ($mm) $265
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters New York, NY
Founded 2020
Employees 3