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FSRX

Closed

Finserv Acquisition Corp Ii

10.34
0.00 (0.00%)
Last Update: 15 Dec 2023 17:30:00
Yesterday: 10.34
Day's Range: 10.34 - 10.34
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When Written:
 
10.09
Finserv Acquisition Corp II is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses in the financial services industry. The company is sponsored by Finserv Sponsor II LLC, which is led by experienced financial services executives.

Finserv Acquisition Corp II raised $250 million in its initial public offering (IPO) in February 2021, and its shares are listed on the NASDAQ under the ticker symbol FSRVU. The company has a two-year period to identify and complete a merger or acquisition, and if it does not do so, it will be required to return the funds raised in the IPO to its investors.

The management team of Finserv Acquisition Corp II includes Chairman and CEO David Golub, who is also the CEO of Golub Capital, a leading provider of credit to middle-market companies. The company's board of directors includes several other experienced financial services executives, including former Goldman Sachs partner Michael R. Klein and former CEO of CIT Group John A. Thain.

As a SPAC, Finserv Acquisition Corp II is focused on finding a target company that can benefit from its financial resources and expertise in order to create value for its shareholders. The company has not yet announced any specific acquisition targets.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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