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Dave, a financial app aimed at enhancing financial opportunity, has announced participation in two upcoming conferences. On November 15, 2021, Dave will present at the Citi 2021 FinTech Conference starting at 11:15 am ET. Additionally, on December 1, 2021, they will be at the Credit Suisse 25th Annual Technology Conference in Scottsdale, AZ, beginning at 3:40 pm MT. The app, which assists over 10 million customers with banking and budgeting, is merging with VPC Impact Acquisition Holdings III (NYSE: VPCC) to become publicly traded.
Dave, a banking app aimed at enhancing financial opportunities, announced participation in the Deutsche Bank Virtual Technology Conference on September 10, 2021. CFO Kyle Beilman and General Counsel John Ricci will engage in a fireside chat at 2:45pm ET. This event will be streamed live and archived on Dave's investor relations site. Additionally, Dave and VPC Impact Acquisition Holdings III, Inc. (NYSE: VPCC) have reached an agreement for a business combination, potentially making Dave a publicly traded entity.
VPC Impact Acquisition Holdings III, Inc. (NYSE: VPCC.U) announced that from April 26, 2021, holders of the Company's initial public offering units can trade the Class A common stock (VPCC) and redeemable warrants (VPCC WS) separately. No fractional warrants will be issued, and only whole warrants will trade. The units were offered through an underwritten offering, with Citigroup and Jefferies as joint book-running managers. This announcement does not constitute an offer to sell or solicit purchases of these securities without registration under applicable laws.
VPC Impact Acquisition Holdings III has completed its IPO, raising $253.77 million by issuing 25,376,598 units at $10 each. Starting March 5, 2021, the units trade on NYSE under the symbol 'VPCC.U', consisting of one Class A common stock and one-fourth of a warrant.
The company plans to pursue a business combination within the Fintech sector, targeting firms valued between $800 million and $3 billion. An additional 2,876,598 units may be acquired by underwriters Citigroup and Jefferies. Forward-looking statements emphasize the uncertainties in securing a business deal.
VPC Impact Acquisition Holdings III has priced its initial public offering (IPO) of 22,500,000 units at $10.00 each, set to begin trading on the NYSE under the ticker symbol 'VPCCU' from March 5, 2021. Each unit comprises one share of Class A common stock and one-fourth of a redeemable warrant, with whole warrants priced at $11.50 per share. The company aims for a business combination in the US Fintech sector, targeting firms valued between $800 million to $3 billion. The offering's close is anticipated on March 9, 2021, contingent upon standard closing conditions.
