CF Acquisition Corp. IV
CFIVW
NASDAQ Capital Market0.00
USD
+0.00
- -
CIK
0001825249
CUSIP
12520T110
Return %
Stock
S&P500
1Y
-99.37
18.21
3Y
-99.97
64.38
5Y
-99.97
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- 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
- Feb 18, 2021
- CIK
- 0001825249
- Similar Companies
- Business
- CF Acquisition Corp. IV is a special purpose acquisition company (SPAC) primarily engaged in effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company focuses on new business opportunities without limiting itself to a particular industry or geographic region, although it intends to emphasize sectors where its management has expertise, including financial services, healthcare, real estate services, technology, and software industries. Incorporated in 2020, CF Acquisition Corp. IV is headquartered in New York, New York. It operates as a blank check company, meaning it has no significant operations or revenues of its own but is established to facilitate acquisitions and business combinations. The core activity of CF Acquisition Corp. IV involves raising capital to identify and acquire target businesses through mergers or acquisitions, with a portfolio approach potentially spanning diverse industries. The company offers financial and transactional services aimed at facilitating strategic mergers and acquisitions, often partnering with businesses to enable their access to public markets through the SPAC structure. It serves institutional and retail investors by providing investment opportunities in emerging and established companies within its focus sectors. Recent significant developments include CF Acquisition Corp. IV's announcement of intentions to liquidate and redeem all outstanding public shares for an estimated redemption price of approximately $10.57 per share as of late 2023. This follows the company's decision to wind down operations and initiate dissolution proceedings given the challenges in completing a business combination within the original timeframe. The company postponed a special meeting of stockholders to consider extensions for completing a business combination to mitigate uncertainties related to regulatory and market conditions, including factors from the Inflation Reduction Act. No recent successful mergers or acquisitions have been reported, with the company presently focused on trust account distributions and compliance with dissolution protocols. CF Acquisition Corp. IV is part of the broader CF Acquisition platform sponsored by Cantor Fitzgerald, a leading global financial services group active in SPAC sponsorship and investment banking. The CF Acquisition series has completed several high-profile business combinations, though CF Acquisition Corp. IV itself has not completed a merger and is concluding its lifecycle. The company's governance includes seasoned executives, with Howard W. Lutnick serving as Chairman and Chief Executive Officer, reflecting Cantor Fitzgerald's leadership in managing the SPAC vehicle and its investment strategy. Overall, CF Acquisition Corp. IV functions as a financial acquisition vehicle aimed at sourcing and completing mergers primarily in financial services, healthcare, real estate, technology, and software sectors, headquartered in New York since its founding in 2020, currently engaged in liquidation and dissolution processes following challenges in consummating a business combination within the SPAC's mandated timeframe. Recent strategic moves focus on shareholder returns through redemption and orderly wind-down activities.