SPAC HF2 Financial Management sets terms for $153 million IPO

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HF2 Financial Management, a blank check company formed to acquire a financial services company, announced terms for its IPO on Tuesday. The Denver, CO-based company plans to raise $153 million by offering 15.3 million shares at a price of $10. At the proposed offer price, H2 Financial Management would command a fully diluted market value of $405 million.

The company also changed its name from H2 Financial Management to HF2 Financial Management. The company, which was founded in 2012, plans to list on the NASDAQ under the symbol HTWO. EarlyBird Capital is the lead underwriter on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: HTWO

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