CF Acquisition Corp VI, the sixth blank check company formed by Cantor Fitzgerald, has raised $300 million for its IPO after pricing its 30 million shares at $10 per share. The stock began trading February 19, 2021 on the NASDAQ under the ticker symbol “CFVIU.” Cantor Fitzgerald is the sole underwriter.
NEW YORK, Feb. 18, 2021 /PRNewswire/ — CF Acquisition Corp. VI (Nasdaq: CFVIU, the “Company”) announced today that it priced its initial public offering of 30,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market (“Nasdaq”) and trade under the symbol “CFVIU” beginning Friday, February 19, 2021. Each unit consists of one share of Class A common stock and one-fourth of one warrant. Each whole warrant is exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the NASDAQ under the symbols “CFVI” and “CFVIW,” respectively.
The underwriters have been granted a 45-day option to purchase up to an additional 4,500,000 units offered by the Company to cover over-allotments, if any.
The offering is expected to close on February 23, 2021, subject to customary closing conditions.
Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering.
About CF Acquisition Corp. VI
CF Acquisition Corp. VI is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region, but the Company intends to focus on industries where its management team and founders have experience, including the financial services, healthcare, real estate services, technology and software industries. CF Acquisition Corp. VI is led by Chairman and Chief Executive Officer Howard W. Lutnick.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on February 18, 2021. The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email: firstname.lastname@example.org. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.