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CF Acquisition Corp. VI (Nasdaq: CFVIU) announced that starting April 12, 2021, holders of its 30 million IPO units can separate and trade shares of Class A common stock and warrants. Class A shares will trade under the symbol CFVI, while warrants will trade under CFVIW. This move allows investors more trading flexibility, although separated warrants will only be issued in whole numbers. Units that remain unsplit will continue trading under CFVIU. The company is structured to pursue mergers and acquisitions across various sectors, leveraging the expertise of its management team.
CF Acquisition Corp. VI (Nasdaq: CFVIU) successfully closed its initial public offering of 30 million units at $10.00 per unit, generating $300 million in gross proceeds. The units began trading on Nasdaq on February 19, 2021. Each unit includes one share of Class A common stock and one-fourth of a warrant, with whole warrants exercisable at $11.50 per share. The proceeds will be placed in trust and an audited balance sheet will be filed with the SEC. The company aims to pursue a business combination in various sectors, leveraging the management team's expertise.
CF Acquisition Corp. VI (Nasdaq: CFVIU) has priced its initial public offering (IPO) of 30 million units at $10.00 each, with trading expected on Nasdaq starting February 19, 2021. Each unit comprises one share of Class A common stock and one-fourth of a warrant, with whole warrants exercisable at $11.50 per share. An option for underwriters to purchase an additional 4.5 million units is available. The offering is anticipated to close on February 23, 2021, with Cantor Fitzgerald & Co. serving as the managing underwriter.
