Welcome to our dedicated page for Fusion Acquisition Ii news (Ticker: FSNB), a resource for investors and traders seeking the latest updates and insights on Fusion Acquisition Ii stock.
Fusion Acquisition Corp. II (FSNB) provides investors with comprehensive updates on its strategic initiatives as a Special Purpose Acquisition Company (SPAC). This page serves as the authoritative source for official announcements, merger developments, and operational milestones related to its business combinations.
Access real-time updates on FSNB's progress with Hyperloop Transportation Technologies, including regulatory filings, shareholder meeting outcomes, and leadership decisions. The curated news collection features merger timelines, capital structure changes, and project advancements like HyperloopTT's sustainable transportation innovations.
Key updates include strategic partnership announcements, redemption right details for Class A shareholders, and progress reports on infrastructure projects. Investors will find essential information about board decisions, proxy voting procedures, and long-term value creation strategies.
Bookmark this page for streamlined access to verified FSNB developments. For direct inquiries regarding shareholder meetings or corporate actions, contact Morrow Sodali LLC through the official channels provided in SEC filings.
Fusion Acquisition Corp. II (NYSE: FSNB) announced that it received a notice from the NYSE regarding non-compliance with Section 802.01E, due to the late filing of its Annual Report on Form 10-K for 2022. The NYSE's notice does not immediately affect the listing of FSNB's securities. The Company is given until October 17, 2023, to regain compliance by submitting the overdue report. This delay was previously communicated in its Form 12b-25 filed on March 31, 2023, which indicated a need for more time to finalize financial statements. FSNB is actively working on completing the filing and aims to submit the 10-K as soon as possible.
Fusion Acquisition Corp. II (NYSE: FSNB) announced it received a notice from the NYSE for non-compliance due to the delay in filing its Q1 2021 Form 10-Q. The notice does not affect the company's stock listing immediately. The company can regain compliance by filing the report by November 24, 2021. This delay stems from assessing the implications of the SEC statement regarding warrant accounting. Fusion is actively working to complete the filing as soon as possible.
Fusion Acquisition Corp. II (NYSE: FSNB.U) announced that starting April 19, 2021, holders of units from its IPO can separately trade common stock and warrants. The shares will trade under the symbols “FSNB” for common stock and “FSNB WS” for warrants, with non-separated units continuing under “FSNB.U.” No fractional warrants will be issued upon separation, requiring brokers to contact the transfer agent for the process. This follows the SEC's approval of the related registration statement on February 25, 2021.
Fusion Acquisition Corp. II (NYSE: FSNB.U) successfully closed its initial public offering (IPO) on March 2, 2021, raising $500 million from 50 million units priced at $10.00 per unit. The IPO included 6.5 million units from an over-allotment option. Each unit comprises one share of Class A common stock and one-third of a redeemable warrant for stock purchase at $11.50. The proceeds will primarily be placed in a trust. Fusion aims to merge with companies valued between $1.5 billion and $5 billion in fintech or related sectors.
Fusion Acquisition Corp. II has announced the pricing of its initial public offering of 43,500,000 units at $10.00 per unit. These units will begin trading on the NYSE under the ticker symbol FSNB.U starting February 26, 2021. Each unit consists of one share of Class A common stock and one-third of a redeemable warrant, with the whole warrant exercisable at $11.50 per share. Fusion aims to pursue mergers or acquisitions in the fintech sector, targeting businesses valued between $1.5 billion and $5 billion.
