Victory Park Capital’s VPC Impact Acquisition Holdings II priced its IPO of 22.5 million units at $10 each.
Units begin trading today on the Nasdaq under VPCBU. Each consists of one Class A ordinary share and one-fourth of one redeemable warrant, with whole warrants exercisable to purchase one Class A ordinary share at $11.50. Once the securities comprising the units begin separate trading, shares and warrants are expected to list under VPCB and VPCBW, respectively.
The SPAC intends to pursue a business combination with a global high-growth business in the Fintech industry with operations predominantly outside of the United States and an enterprise value of approximately $800 million to $3 billion. Read more.
