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CF Acquisition Corp. V (Nasdaq: CFFV) has adjourned its special meeting of stockholders originally scheduled for December 30, 2021, to January 24, 2022, at 11:00 a.m. ET. The adjournment allows CF V, Nettar Group Inc. (d/b/a Satellogic), and a potential third-party investor additional time to finalize terms for significant PIPE financing for the combined entity. The meeting aims to vote on the Business Combination Proposal as detailed in CF V's proxy statement filed with the SEC on November 12, 2021. No assurance is given that the definitive agreement will be executed.
CF Acquisition Corp. V (Nasdaq: CFV) has adjourned its special stockholders' meeting originally scheduled for December 8, 2021, to December 20, 2021, aiming to further discuss potential financing for its merger with Nettar Group Inc. (d/b/a Satellogic). This meeting focuses on voting for the Business Combination Proposal, as detailed in the proxy statement filed with the SEC on November 12, 2021. Shareholders are urged to review all relevant filings with the SEC regarding the transaction.
CF Acquisition Corp. V (Nasdaq: CFFVU) has announced that beginning March 22, 2021, holders of its 25 million IPO units can separately trade shares of Class A common stock and warrants. The common stock will trade under the symbol CFV, while warrants will trade under CFFVW. Units that are not separated will continue trading under the symbol CFFVU. Investors must contact the transfer agent, Continental Stock Transfer & Trust Company, to initiate the separation.
CF Acquisition Corp. V (Nasdaq: CFFVU) completed its IPO, raising $250 million by offering 25 million units at $10.00 per unit. The units began trading on Nasdaq on January 29, 2021. Each unit comprises one share of Class A common stock and one-third of a warrant, with full warrants exercisable at $11.50 per share. Gross proceeds will be held in trust, and an audited balance sheet will be filed with the SEC. The company plans to pursue a merger or acquisition across various industries.
CF Acquisition Corp. V (Nasdaq: CFFVU) has priced its initial public offering at $10.00 per unit, intending to raise $250 million. The IPO consists of 25,000,000 units, each containing one share of Class A common stock and one-third of a warrant, with whole warrants exercisable at $11.50 per share. Trading on Nasdaq is set to begin on January 29, 2021. The underwriters may purchase an additional 3,750,000 units to cover over-allotments. Closing is anticipated on February 2, 2021, subject to customary conditions.