CF Finance Acquisition Corp. II announced the pricing of its $500 million IPO this morning and units are expected to begin trading on the Nasdaq under the symbol “CFIIU” today, Thursday, August 27th.
CF Finance II is being led by Howard W. Lutnick, as Chairman and Chief Executive Officer, and Anshu Jain, as President and Director.
Total SPAC deal count for 2020 year-to-date is now 81 with $33.1 billion in gross proceeds raised. The offering is anticipated to close on Monday, August 31, 2020.
Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering. Ellenoff Grossman & Schole LLP and Graubard Miller were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Source: SPACInsider – CF Finance Acquisition Corp. II (CFIIU) Prices $500M IPO
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