Renaissance Capital logo

ExcelFin Acquisition Priced, Nasdaq: XFIN

Blank check company formed by Fin Venture Capital and Grand Fortune Capital targeting fintech (pending: Baird Medical Investment Holdings).

Industry: SPAC

Latest Trade: $11.02 0.00 (0.0%)

First Day Return: +0.3%

Return from IPO: +10.2%

Industry: SPAC

ExcelFin Acquisition Corp. is a newly incorporated blank check company. We intend to focus our search on a U.S. domiciled Financial Technology (“FinTech”) company and will leverage our deep domain expertise, investing track record, and extensive networks in order to pursue a business combination with a high-quality growth-oriented company in the FinTech business-to-business (“B2B”) software-as-a-service (“SaaS”) sector. Our company is led by Logan Allin, our Chief Executive Officer, and Jennifer Hill, our Chairman of the Board. We are affiliated with Fin Venture Capital (“Fin VC”) and Grand Fortune Capital, LLC (“GFC”) (each a “Sponsor Affiliate”). GFC is an investment company solely owned by Jackson Wijaya, who has completed a series of significant M&A transactions and numerous investments in FinTech, TMT and Healthcare. Fin VC, founded by Mr. Allin in 2018, is a leading FinTech-focused venture and growth equity firm with $750 million+ in assets under management and a portfolio of 40+ market leading FinTech companies from Seed-to-pre-IPO including unicorns such as SoFi, Greenlight, Unqork, DailyPay, Tradeshift, Figure, and Pipe.
more less
IPO Data
IPO File Date 10/05/2021
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 10/20/2021
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
UBS Investment Bank
Exos Securities
more
Company Data
Headquarters San Francisco, CA, United States
Founded 2021
Employees 4

ExcelFin Acquisition (XFIN) Performance