Fintech - FNTE, U, W
Unit = 1 com and 1/2 warrant.
1 warrant +11.50 buys one common. Call at $24.
$10 in trust.
Fintech 1 became Cardconnect, CCN. Trading at $14 2/2017.
https://www.sec.gov/Archives/edgar/data/1683695/000121390017000595/f424b4012017_fintechacqii.htm
Mr.Daniel G Cohen, with over 20 years of experience in financial services and financial technology, is a founder, the former Chief Executive Officer and the current Chairman of The Bancorp, Inc. (NASDAQ: TBBK
On January 25, 2017, FinTech Acquisition Corp. II (the “Company”) consummated an initial public offering (the “IPO”) of 17,500,000 of its units (“Units”), each unit consisting of one share of the Company’s common stock, par value $0.0001 per share (“Common Stock”), and one half of one whole warrant to purchase one share of Common Stock. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $175,000,000. Simultaneously with the consummation of the IPO, the Company consummated the issuance and sale (the “Private Placement”) of 420,000 units (the “Placement Units”) in a private placement transaction at a price of $10.00 per Placement Unit, generating gross proceeds of $4,200,000.
175 million in trust.