Enphys Acquisition Corp. (NFYS.U) Prices Upsized $300M IPO


Enphys Acquisition Corp. (NFYS.U) Prices Upsized $300M IPO

Enphys Acquisition Corp. announced the pricing of its upsized $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “NFYS.U” Wednesday, October 6.

The new SPAC plans to combine with a company that operates in Ibero-America and whose business strategy is aligned with energy transition and sustainability themes, in particular renewable energy. Enphys is led by CEO Jorge de Pablo, Chairman Carlos Guimarães, CFO Pär Lindström, and COO Matias de Buján.

Total SPAC deal count for 2021 year-to-date is now 456. This offering is expected to close on Friday, October 8.

Credit Suisse Securities (USA) LLC and BTIG, LLC are acting as joint book-running managers of the offering. Brown Rudnick LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. BDO USA, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.