Fusion Acquisition II Files for $300M IPO

Fusion Acquisition

Fusion Acquisition II filed with the SEC to offer 30 million units at $10 each to raise $300 million in an IPO.

The SPAC plans to target a fintech business with an enterprise value of approximately $1.5 billion to $5 billion.

Fusion II is led by CEO John James, founder and CEO of fintech BetaSmartz. His first SPAC raised $350 million in an IPO last June.

The SPAC expects to list on the NYSE under FSNB.U. Read more.

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