FSRXU
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Finserv Acquisition Ii Corp
10.3
0.0 (0.00%)
Last Update: 15 Dec 2023 17:30:00
Yesterday: 10.3
Day's Range: 10.3 - 10.3
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When Written:
10.365
FinServ Acquisition II Corp is a special purpose acquisition company (SPAC) that was formed in 2020 for the purpose of acquiring or merging with one or more businesses in the financial services industry. The company is led by CEO and Chairman Manuel Henriquez, who is also the founder and CEO of Hercules Capital, a publicly traded venture debt firm.
FinServ Acquisition II Corp raised $250 million in its initial public offering (IPO) in November 2020. The company's shares trade on the NASDAQ under the ticker symbol FSRVU.
As a SPAC, FinServ Acquisition II Corp has a two-year window to complete a merger or acquisition with a target company. If the company fails to do so within this timeframe, it will be required to return the funds raised in its IPO to its investors.
The company's focus on financial services could potentially lead to a merger or acquisition with a fintech company, a traditional bank or other financial institution, or a company that provides financial services to businesses or consumers.
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.
FinServ Acquisition II Corp raised $250 million in its initial public offering (IPO) in November 2020. The company's shares trade on the NASDAQ under the ticker symbol FSRVU.
As a SPAC, FinServ Acquisition II Corp has a two-year window to complete a merger or acquisition with a target company. If the company fails to do so within this timeframe, it will be required to return the funds raised in its IPO to its investors.
The company's focus on financial services could potentially lead to a merger or acquisition with a fintech company, a traditional bank or other financial institution, or a company that provides financial services to businesses or consumers.
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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