Independent Advisory firm Perella Weinberg Partners closed its merger with FinTech Acquisition IV, the firm said. The business combination was approved by FinTech IV stockholders earlier this week.
The combined company operates as Perella Weinberg Partners. Class A common shares and warrants begin trading today on the Nasdaq under PWP and PWPPW, respectively.
Announced in December, the cash component of the deal was funded by FinTech IV’s $230 million in trust as well as a $125 million fully committed PIPE at $10 per share from institutional investors. Read more.
