CF Acquisition Corp. VIII

CF Acquisition Corp. VIII

CFFEW
CF Acquisition Corp. VIIIUS flagNASDAQ Capital Market
0.11
USD
+0.06
- -
123.84MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

FRC

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Howard W. Lutnick
Sector
Financial Services
Industry
Shell Companies
Address
110 East 59th Street New York City NY United States of America
IPO Date
May 3, 2021
Business
CF Acquisition Corp. VIII (CFFEW) operates as a special purpose acquisition company (SPAC) sponsored by Cantor Fitzgerald that seeks to effect mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses, primarily targeting sectors including financial services, healthcare, real estate services, technology, software, consumer goods, and renewable energy; it holds proceeds from its initial public offering in trust until a qualifying transaction is completed. Incorporated in 2020 under Delaware law and headquartered at 110 East 59th Street in New York, New York, the company completed its IPO in March 2021, raising approximately $230 million through the sale of 23 million units at $10 each, with each unit comprising one Class A ordinary share and one-half of one redeemable warrant. In November 2023, CF Acquisition Corp. VIII completed a reverse merger business combination with XBP Europe, Inc., the European business of Exela Technologies, Inc., pursuant to which it changed its name to XBP Europe Holdings, Inc., with the combined entity's ordinary shares and warrants trading on Nasdaq under the new symbols XBP and XBPEW, respectively, while CFFEW warrants continue to reflect the legacy structure post-demerger. The merger, approved by shareholders in August 2023, integrated XBP Europe's pan-European bills and payments platform serving over 2,000 clients across banking, healthcare, insurance, utilities, and public sectors in 15 countries throughout Europe, the Middle East, and Africa; no significant additional acquisitions, funding rounds, or product launches have been reported for the entity since the transaction. Led by Chairman and CEO Howard W. Lutnick of Cantor Fitzgerald, the SPAC leveraged its sponsor's network to identify growth-oriented targets prior to the de-SPAC event.

Company News

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  • Head-To-Head Survey: CF Acquisition Corp. VIII (NASDAQ:CFFEW) vs. Etsy (NYSE:ETSY)