InterPrivate III Financial Partners (IPVF) Secures $315M in New Capital for Aspiration

InterPrivate III (NYSE:IPVF) announced that it has arranged $315 million in new financing for its combination with sustainability-focused fintech firm Aspiration. The new money includes $250 million in proceeds from the issuance of non-convertible perpetual preferred stock, paying an 8% dividend and redeemable by investors after 9 years. The package also includes a $50 million
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