Far Peak Acquisition priced a $550 million IPO with an eye to acquiring a fintech or financial services business with an enterprise value of at least $2 billion. Underwriters have an over-allotment option to buy 8.25 million units at $10 each.
CEO Thomas Farley is a former president of the NYSE Group of Intercontinental Exchange.
Once the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols “FPAC” and “FPAC.WS,” respectively. Read more.
