FinTech Acquisition Corp. VI Announces Pricing of $220,000,000 Initial Public Offering
June 23 2021 - 4:52PM
FinTech Acquisition Corp. VI (NASDAQ:FTVIU) (the “Company”), a
blank-check company formed for the purpose of acquiring or merging
with one or more businesses, today announced the pricing of its
initial public offering of 22,000,000 units at a price of $10.00
per unit, for gross proceeds to the Company of $220,000,000. The
Company's units will be listed on the Nasdaq Capital Market under
the symbol "FTVIU" and will begin trading on June 24, 2021. Each
unit issued in the offering consists of one share of the Company’s
Class A common stock and one-fourth of one warrant, each whole
warrant exercisable for one share of Class A common stock at an
exercise price of $11.50 per share. Once the securities comprising
the units begin separate trading, the Class A common stock and
warrants are expected to be listed on Nasdaq under the symbols
“FTVI” and “FTVIW,” respectively. No fractional warrants will be
issued upon separation of the units and only whole warrants will
trade. The closing of the offering is anticipated to take place on
or about June 28, 2021, subject to customary closing conditions.
Cantor Fitzgerald & Co. is serving as sole book-running
manager for the offering. The Company has granted the underwriters
a 45-day option to purchase up to an additional 3,300,000 units at
the initial public offering price to cover over-allotments, if
any.
A registration statement relating to the units and the
underlying securities was declared effective by the Securities and
Exchange Commission on June 23, 2021. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of, these securities in any state or
jurisdiction in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
The offering is being made only by means of a prospectus, copies
of which may be obtained by contacting Cantor Fitzgerald & Co.,
Attention: Capital Markets, 499 Park Avenue, 5th Floor, New York,
New York 10022; Email: prospectus@cantor.com. Copies of the
registration statement can be accessed for free through the SEC's
website at www.sec.gov.
This press release contains statements that constitute
“forward-looking statements,” including with respect to the initial
public offering. No assurance can be given that such offering will
be completed on the terms described, or at all. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
Risk Factors section of the Company's registration statement and
preliminary prospectus for the offering filed with the Securities
and Exchange Commission. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this press release, except as required by law.
Contact Information:
Amanda Abrams amanda@ftspac.com (215) 701-9693
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