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Cantor Fitzgerald CEO's blank check company CF Finance Acquisition sets terms for $250 million IPO

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CF Finance Acquisition, a blank check company formed by the CEO of Cantor Fitzgerald, filed for its IPO on Friday.

The New York, NY-based company plans to raise $250 million by offering 25 million units at a price of $10. Each unit will consist of one share of common stock and one warrant to purchase one share of common stock at $11.50. At $10, CF Finance Acquisition would command a market value of $319 million.

CF Finance Acquisition was founded in 2014 and plans to list on the Nasdaq under the symbol CFFAU. Cantor Fitzgerald is the sole bookrunner on the deal.

The article Cantor Fitzgerald CEO's blank check company CF Finance Acquisition sets terms for $250 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

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


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

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