CFCOU Complete Now FGL Holdings FG
1 Warrant plus 11.50 buys 1 common. Call 18.
Trust 10.
http://www.prnewswire.com/news-releases/cf-corporation-led-by-chinh-e-chu-and-william-p-foley-ii-announces-pricing-of-600-million-initial-public-offering-300272219.html
The Company intends to use the proceeds from the IPO, together with the proceeds from the private placement described below, in an aggregate amount of $1.11 billion, to consummate the Company's initial business combination and for working capital in the post-transaction company.
http://fortune.com/2016/03/23/blackstone-blank-check-ipo/
In meetings with investment banks, Chu and Foley have been referring to their new venture as a permanent capital vehicle that will improve on some structural issues that SPACs have historically suffered from, the people said.For example, the SPAC will launch with some cornerstone investors committing not to redeem their money if they disapprove of a proposed acquisition, giving it more financing certainty to be able to go after the companies it wants, the people said.