Financial Strategies Acquisition closed its initial public offering of 10,005,000 units, which includes the full exercise of the underwriters’ over-allotment option. At $10 per unit, the offering raised $100.05 million.
I-Bankers was sole book running manager in the offering.
The new SPAC is targeting fintech companies with an equity value of approximately $300 million to $500 million. Read more.
