FTAC Zeus Acquisition in an amended S-1 filing cut its proposed deal size to 30 million units, down from the 44 million initally registered with the SEC in March. A unit consists of one share and one-half of a warrant.
FTAC is targeting companies engaged in fintech.
Chairman Daniel Cohen has overseen multiple SPACs over the last three years and is chairman of Cohen & Company. Snce September 2013 he has served as president and CEO of the company’s European business.
The SPAC has applied for a listing on the Nasdaq under ZINGU. Citigroup is sole book-runner for the offering. Read more.
