FinTech Evolution Acquisition Group
FTEV
New York Stock Exchange10.18
USD
+0.00
- -
CIK
0001839569
ISIN
KYG3R19A1046
CUSIP
G3R19A104
Return %
Stock
S&P500
1Y
3.72
26.53
3Y
4.95
76.60
5Y
4.95
80.11
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
- Rohit Bhagat
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1345 Avenue of the Americas New York City NY United States of America 10105
- IPO Date
- Apr 21, 2021
- CIK
- 0001839569
- Website
- fintechevolution.net
- Similar Companies
- Business
- FinTech Evolution Acquisition Group (NYSE:FTEV) operates as 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 in the financial technology sector; it targets financial technology and technology-enabled services that provide technology solutions, broader technology software, or services/products to the financial services industry. Incorporated in 2020 and headquartered in New York, New York, the company does not have significant ongoing operations and maintains its funds in trust pending a business combination. In a major development, the company announced its decision to dissolve and liquidate in February 2023 after failing to complete an initial business combination within the required timeframe, redeeming all outstanding Class A ordinary shares at approximately $10.18 per share, with trading ceasing on March 3, 2023, and final distributions occurring thereafter; its sponsor waived redemption rights on Class B shares, while warrants expired worthless.