LF Capital Acquisition Corp. II (LFACU) Prices $225M IPO


LF Capital Acquisition Corp. II (LFACU) Prices $225M IPO

Nov 16, 2021 IPOs by Marlena Haddad

LF Capital Acquisition Corp. II announced the pricing of its $225 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LFACU” Wednesday, November 17.

The new SPAC intends to combine with a disruptive business that could benefit from a hands-on owner with extensive operational experience in the financial technology or services, technology, digital asset or consumer sectors. LF Capital Acquisition Corp. II is led by Executive Chairman Elias Farhat, Non-Executive Chairman Baudouin Prot, President and CEO Scott Reed, and CFO Alberto Bianchinotti.

Total SPAC deal count for 2021 year-to-date is now 543. This offering is expected to close on Friday, November 19.

Jefferies LLC is serving as sole book-running manager for the offering. Dechert LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. Citrin Cooperman & Company, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.