LF Capital Acquisition II priced its IPO of 22.5 million units at $10 each. Units begin trading today on the Nasdaq under LFACU. Each consists of one share 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.
Jefferies is sole book-running manager for the offering. The underwriters have an option to purchase up to an additional 3.375 million units. Read more.
