FIGX Capital Acquisition Corp. (FIGXU) Prices $131M IPO

FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025.

The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to scale up to global players.

FIGX’s management team is led by Chief Executive Officer and Chairman Lou Gerken alongside Vice Chairman Jide James Zeitlin and Chief Financial Officer Mike Rollins. The Board also includes Dr. Russel Read, Real Desrochers and Pierre Sauvagnat.

Total SPAC deal count for 2025 year-to-date is now 63. This offering is expected to close on Monday, June 30, 2025.

Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with King & Spalding LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.