STOP THE WAR! Let’s support Ukraine Together

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

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
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.