Fintech SPAC Far Peak Acquisition announced after the market close Nov. 30 that it has commenced its IPO of 55,000,000 units at a price of $10 each. Underwriters have a 45-day option to purchase up to an additional 8,250,000 units.
The units trade on the NYSE under “FPAC.U.” Once the securities begin separate trading, the shares and warrants are expected to be listed under “FPAC” and “FPAC.WS,” respectively.
CEO Thomas Farley is a former president of the NYSE Group of Intercontinental Exchange. Read more.
