PHILADELPHIA, PA, Sept. 24, 2020 (GLOBE NEWSWIRE) — FinTech Acquisition Corp. IV (NASDAQ:FTIVU) (the “Company”), a blank-check firm fashioned for the aim of buying or merging with a number of companies, at the moment introduced the pricing of its preliminary public providing of 20,000,000 models at a price of $10.00 per unit, for gross proceeds to the Firm of $200,000,000. The Firm’s models can be listed on the Nasdaq Capital Market underneath the image “FTIVU” and can start buying and selling on September 25, 2020. Every unit issued within the providing consists of 1 share of the Firm’s Class A standard stock and one-third of 1 warrant, every complete warrant exercisable for one share of Class A standard stock at an train price of $11.50 per share. As soon as the securities comprising the models start separate buying and selling, the Class A standard stock and warrants are anticipated to be listed on Nasdaq underneath the symbols “FTIV” and “FTIVW,” respectively. No fractional warrants can be issued upon separation of the models and solely complete warrants will commerce. The closing of the providing is anticipated to happen on or about September 29, 2020, topic to customary closing situations.
Cantor Fitzgerald & Co. and Wells Fargo Securities, LLC are serving as joint book-running managers for the providing. The Firm has granted the underwriters a 45-day choice to buy as much as a further 3,000,000 models on the preliminary public providing price to cowl over-allotments, if any.
A registration assertion regarding the models and the underlying securities was declared efficient by the Securities and Change Fee on September 24, 2020. This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of, these securities in any state or jurisdiction by which such provide, solicitation, or sale can be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.
The providing is being made solely by way of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co., Consideration: Capital Markets, 499 Park Avenue, fifth Ground, New York, New York 10022; E-mail: firstname.lastname@example.org; or by contacting Wells Fargo Securities, Consideration: Fairness Syndicate Division, 500 West 33rd Street, New York, New York, 10001, at (800) 326-5897 or emailing a request to email@example.com. Copies of the registration assertion might be accessed free of charge via the SEC’s web site at www.sec.gov.
This press launch accommodates statements that represent “forward-looking statements,” together with with respect to the preliminary public providing. No assurance might be provided that such providing can be accomplished on the phrases described, or in any respect. Ahead-looking statements are topic to quite a few situations, lots of that are past the management of the Firm, together with these set forth within the Threat Components part of the Firm’s registration assertion and preliminary prospectus for the providing filed with the Securities and Change Fee. The Firm undertakes no obligation to replace these statements for revisions or modifications after the date of this press launch, besides as required by legislation.
Cohen & Firm, LLC