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PFTA

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Portage Fintech Acquisition Corp

10.76
0.00 (0.00%)
Last Update: 03 Jan 2025 17:30:00
Yesterday: 10.76
Day's Range: 10.76 - 10.76
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When Written:
 
10.23
Portage Fintech Acquisition Corp 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 technology (fintech) sector. The company was founded in 2020 and is based in Toronto, Canada.

The company's management team includes experienced individuals with backgrounds in finance, technology, and mergers and acquisitions. The team is led by Chairman and CEO David Feller, who has over 25 years of experience in the financial services industry.

Portage Fintech Acquisition Corp raised $240 million in its initial public offering (IPO) in December 2020. The company's shares are listed on the New York Stock Exchange under the ticker symbol "PFTAU."

As a SPAC, Portage Fintech Acquisition Corp has a two-year window to identify and complete a merger or acquisition with a target company. If the company is unable to complete a transaction within this timeframe, it will be required to return the funds raised in its IPO to its investors.

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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