FinTech Acquisition Corp. II Units
FNTEU
NASDAQ Capital Market- -
USD
- -
- -
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
- None
- Sector
- Industrials
- Industry
- Conglomerates
- Address
- United States of America
- IPO Date
- Jan 20, 2017
- Website
- fintechacquisition.com
- Similar Companies
- Business
- FinTech Acquisition Corp. II operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets, primarily in the financial technology sector. Its securities include units (FNTEU) consisting of one share of common stock and one-half of one warrant, with core activities centered on identifying targets that provide technology to financial services, such as data processing, transactional and data security, rewards and loyalty platforms, consumer engagement, digital marketing, and payment processing services; the company targets established businesses that are fundamentally sound but may require financial, operational, strategic, or managerial enhancements. Incorporated in 2015 and headquartered in New York, New York, with operations based in Wilmington, Delaware, FinTech Acquisition Corp. II conducted its initial public offering in January 2017, raising approximately $175 million, underwritten by Cantor Fitzgerald. In a major strategic development, the company completed a business combination with Intermex Holdings II, Inc. in July 2018, resulting in the merged entity being renamed International Money Express, Inc. (NASDAQ: IMXI), which now operates as a provider of money remittance services; the transaction was approved by shareholders on July 20, 2018, and closed on July 26, 2018, marking the liquidation of the SPAC structure. No significant partnerships, funding rounds, new product launches, or further operational changes have been reported for FinTech Acquisition Corp. II in the last 1-2 years, with FNTEU units noted as potentially delisted and inactive as of recent data.