JOFF Fintech Acquisition filed with the SEC to raise $300 million in an IPO by offering 30 million units at $10 each.
The SPAC in the filing said it would target “businesses in the financial services industry with an enterprise value of approximately $700 million to $2 billion, with particular emphasis on businesses that are providing or changing technology for, or creating innovation in, traditional financial services (“FinTech”), businesses focusing on asset and/or wealth management, and/or finance related activities, in addition to businesses focusing on gaming and/or eSports.”
JOFF is led by CEO and Chairman Joel Leonoff, who is also vice chairman of Paysafe, a UK based global payments company.
JOFF plans to apply for a Nasdaq listing under JOFFU. Read more.
