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Perception Capital III (Portage Fintech Acquisition) Priced, Nasdaq: PFTA

Blank check company targeting the fintech sector (pending: RBio Energy).

Industry: SPAC

Latest Trade: $10.73 0.00 (0.0%)

First Day Return: -0.3%

Return from IPO: +7.3%

Industry: SPAC

Portage Fintech Acquisition Corporation is a newly formed blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our team’s background and capitalize on our ability to source and acquire a business in the financial technology (“FinTech”) or financial services ecosystem, including key verticals such as Wealth and Asset Management, Consumer and SME Finance, Insurance, Payments, Information Services and FinTech Infrastructure, that will benefit from our expertise in developing and executing value creation plans in those areas, thereby positioning a target company for compounding growth over the long-term. While our sourcing efforts will primarily be concentrated in the United States, we will also leverage our extensive global network to expand our pool of opportunities in several other geographies including Western Europe and Canada.
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IPO Data
IPO File Date 06/18/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/20/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
BTIG
more
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees 2

Perception Capital III (Portage Fintech Acquisition) (PFTA) Performance