CFFAU News

This past week the 2018 IPO market came to a close, as three IPOs and three SPACs raised a combined $1.6 billion. The three IPOs all had weak trading. Tencent Music Entertainment (TME) was the week's big deal, raising $1.1 billion, the year's fourth billion-dollar US IPO from a Chinese company. Spun out of Tencent, the music streaming provider has top...read more

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. ...read more

There are three IPOs and two SPACs expected to price this week, the most notable of which is Tencent Music, China's largest online music-streaming service. Tencent's long-anticipated IPO is the latest in a long...read more

CF Finance Acquisition, a blank check company formed by the CEO of Cantor Fitzgerald, filed for its IPO on Friday. The New York, NY-based company plans to raise $250 million by offering 25 million units at a price of $10. Each unit will consist of one share of common stock and one warrant to purchase one share of common stock at $11.50. At $10, CF Finance Acquisition would...read more