FTAC Zeus Acquisition Corp. (ZINGU) Prices Upsized $350M IPO


FTAC Zeus Acquisition Corp. (ZINGU) Prices Upsized $350M IPO

Nov 18, 2021 IPOs by Marlena Haddad

FTAC Zeus Acquisition Corp. announced the pricing of its upsized $350 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ZINGU” Friday, November 19.

The new SPAC intends to identify technology and financial services technology, or fintech, companies that power transformation and innovation. FTAC Zeus is led by Chairman of the Board Daniel G. Cohen, President and Chief Executive Officer Ryan M. Gilbert, and Chief Financial Officer and Secretary Joseph W. Pooler, Jr.

Total SPAC deal count for 2021 year-to-date is now 549. This offering is expected to close on Tuesday, November 23.

Citigroup Global Markets Inc. is serving as the sole book-running manager for the offering. Ledgewood, PC is serving as Issuer’s Counsel with Latham & Watkins LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.