VPC Impact Acquisition Holdings III Files S-4 on Dave Inc. Merger

Victory Park Capital

VPC Impact Acquisition Holdings III filed a registration statement and preliminary proxy in connection with the proposed business combination with banking app Dave Inc.

Terms call for Dave Inc. to receive $254 million of cash held in VPCC’s trust account and a $210 million PIPE. The deal values the combined company at $4 billion.

If approved, Dave Inc. is expected to list on the Nasdaq under DAVE. Read more.

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