Far Peak Acquisition Corporation
FPAC-UN
New York Stock Exchange10.19
USD
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Far Peak Acquisition Corporation
FPAC-UN
(New York Stock Exchange)
Recent
price
10.19
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Far Peak Acquisition Corporation (FPAC-UN), a Cayman Islands exempted blank check company formed in 2020 and headquartered in New York, NY, focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, targeting the financial technology, technology or financial services industries; it conducts no current operations and generates no revenues. The company raised $550 million in its initial public offering in December 2020, with funds held in trust for deployment in a qualifying transaction. In July 2021, Far Peak announced a proposed $9 billion business combination with Bullish, a cryptocurrency exchange backed by investors including BlackRock and Galaxy Digital, which was extended multiple times through December 2022 but ultimately terminated mutually in December 2022 due to regulatory delays and market conditions. Following the failed merger, Far Peak announced in February 2023 the redemption of all outstanding Class A ordinary shares at approximately $10.21 per share effective March 13, 2023, ceased trading on March 7, 2023, and proceeded to liquidate and dissolve without pursuing an alternative target. As of 2025, FPAC-UN units continue to trade post-redemption in a wind-down phase, classified as an inactive instrument with delisting completed.