CF Acquisition IV announced that it closed its IPO of 50 million units, including 5 million units sold upon exercise of the underwriters’ over-allotment option, at $10 per unit, resulting in gross proceeds of $500 million.
Shares trade on the Nasdaq under CFIVU. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the NASDAQ under CFIV and CFIVW, respectively.
The Cantor Fitzgerald-sponsored SPAC plans to focus on financial services, healthcare, real estate services, technology and software companies. Read more.
