Cantor Fitzgerald’s sixth blank-check company prices its IPO of 30 million units at $10 each.
Units begin trading today on the Nasdaq under CFVIU. Each consists of one share of Class A common stock and one-fourth of one warrant. Each whole warrant is exercisable to purchase one share at $11.50. Once the securities comprising the units begin separate trading, stock and warrants are expected to list under CFVI and CFVIW, respectively.
The offering is expected to close Feb. 23.
The SPAC will evaluate a potential merger with a company in the financial services, healthcare, real estate services, technology and software industries. Read more.
