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Netfin Acquisition Corp. Prices $220M IPO


Netfin Acquisition Corp. Prices $220M IPO

Netfin Acquisition Corp. (NFINU), announced the pricing of their $220 million SPAC IPO this morning. Netfin’s units are expected to begin trading today, July 31st, under the symbol NASDAQ: NFINU.

Netfin will focus on the Fintech sector and will be led by Martin Jaskel, as Executive Chairman, and Richard Maurer, as CEO and Director.

Total SPAC deal count for 2019 year-to-date is now 36 with $8.65 billion in gross proceeds raised. The offering is expected to close on August 2, 2019.

Congratulations to all.

B. Riley FBR acted as sole book-running manager. Winston & Strawn LLP and Ellenoff Grossman & Schole LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively.