LF Capital Acquisition II filed to offer 22.5 million units at $10 each. A unit consists of one share of Class A common stock and one-half of a warrant.
The new SPAC seeks to acquire a business with a disruptive business model in the financial technology or services, technology, digital asset or consumer sectors.
LF Capital II is led by Executive Chairman Elias Farhat, former chief strategy officer for Candriam, an asset management company with over $175 billion AUM.
Bookrunner Jefferies has the option to purchase up to an additional 3.375 million units to cover over-allotments, if any.
The SPAC has applied to list on the Nasdaq under LFACU. Read more.
