FTAC Hera Files for $750M IPO

IPO

New SPAC FTAC Hera Acquisition filed with the SEC to offer 75 million units at $10 each to rasie $750 million.

FTAC plans to target technology and financial services technology, or fintech, companies that power transformation and innovation. 

FTAC is led by Chairwoman Betsy Cohen, who has also chaired previous SPACs managed by the sponsor, and since June 2020 she has served as chairman of the board of directors of FTAC Olympus. 

The SPAC expects to list on the Nasdaq under HERAU. Read more.

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