Fintech Acquisition Corp. III (FTACU) is planning to raise $275 million in an initial public offering (IPO) on Friday, November 16th, IPO Scoop reports. The company plans to issue 27,500,000 shares at a price of $10.00 per share.
The company has a market cap of $355.4 million.
Cantor acted as the underwriter for the IPO.
Fintech Acquisition Corp. III provided the following description of their company for its IPO: ” We currently intend to concentrate our efforts in identifying businesses providing technological services to the financial services industry, with particular emphasis on businesses that provide data processing, storage and transmission services, data bases and payment processing services. “.
Fintech Acquisition Corp. III was founded in 2017 and has 0 employees. The company is located at 2929 Arch Street, Suite 1703, Philadelphia, PA 19104-2870 and can be reached via phone at (215) 701-9555.
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