Freedom Acquisition I registered with the SEC to raise $250 million through an offer of 25 million units at $10 each.
The new SPAC will target financial services companies and fintechs that demonstrate growth and scalability potential.
Freedom Acquisition I is led by Exective Chairman idjane Thiam. Since 2020, Thiam has been a director and chair of the Audit Committee of Kering S.A., the French luxury group. From 2015 to 2020, he was CEO of Credit Suisse Group AG.
The SPAC expectds to list on the NYSE under FACT.U. Read more.