Fintech Acquisition Corp. V

Fintech Acquisition Corp. V

FTCV
Fintech Acquisition Corp. VUS flagNASDAQ Capital Market
10.06
USD
+0.01
- -
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

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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
Daniel Gideon Cohen
Sector
Financial Services
Industry
Shell Companies
Address
2929 Arch Street Philadelphia PA United States of America 19104-2870
IPO Date
Jan 25, 2021
Business
Fintech Acquisition Corp. V (FTCV) is a blank check company focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting the fintech sector. Incorporated in Delaware on April 22, 2019, and headquartered at 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania, the company has no significant operations prior to completing an initial business combination. It offers public shareholders redemption rights on its Class A ordinary shares in connection with the completion of an initial business combination or in shareholder meetings to approve an amendment to its amended and restated memorandum and articles of association; if no such combination is consummated by the applicable deadline, the company will redeem 100% of public shares for cash. In 2021, Fintech Acquisition Corp. V entered into a definitive business combination agreement with eToro Group Ltd., an Israel-based social investment network, valuing the combined entity at approximately $10.4 billion including debt; the deal aimed to take eToro public via the SPAC structure but was mutually terminated in June 2022 due to unfavorable market conditions. Following the termination and the inability to identify and complete another suitable business combination by December 9, 2022, the company announced the redemption of all outstanding public shares and its intention to dissolve and liquidate in November 2022. As of late 2025, no further merger activity or strategic developments are reported, with the company remaining in a post-redemption phase.

Company News

APIChatGPT
  • eToro, FinTech V Cancel SPAC Merger Deal

  • Israel's eToro, Betsy Cohen-backed SPAC end $8.8 billion merger deal

  • FinTech Acquisition Corp. V and eToro Mutually Agree to Terminate Merger Agreement

  • eToro Reports Fourth Quarter and Full-Year 2021 Financial Results

  • eToro Stands To Capitalize On The Rise Of The Apes

  • 7 of The Best SPAC Stocks to Put on Your 2022 Watchlist

  • Fintech Acquisition Corp. V Target eToro Trades At A Discount To Its Peers (For Now)

  • Social Investment Network eToro Reports Third Quarter 2021 Financial Results

  • Social Investment Network eToro Reports Continued Strong Momentum

  • Social Investment Network eToro Reports Year-Over-Year Growth in Total Commissions

  • eToro to Participate in Morgan Stanley Virtual Financials, Payments and CRE Conference

  • eToro to Participate in Morgan Stanley Virtual Financials, Payments and CRE Conference

  • eToro Demonstrates Accelerated Growth With Latest Results

  • FinTech Acquisition Corp. V and eToro Group Ltd. Announce Confidential Submission of Registration Statement Related to Proposed Business Combination

  • 3 Cryptocurrency SPACs That Could Run On A Successful Coinbase IPO

  • Here's Everything You Need To Know About The eToro SPAC Merger

  • Daniel Loeb Targets Fintech SPAC

  • SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Fintech Acquisition Corp. V - FTCV

  • Exclusive: Cohen & Company's Daniel Cohen Talks eToro Deal, Peak SPAC Mania, More

  • eToro Makes Tough U.S. Trade