InterPrivate III Financial Partners Inc.

InterPrivate III Financial Partners Inc.

IPVF
InterPrivate III Financial Partners Inc.US flagNew York Stock Exchange
11.10
USD
+0.23
- -
86.81MMarket Cap
InterPrivate III Financial Partners Inc.
IPVF
(New York Stock Exchange)

Recent

price

11.10

P/E

ratio

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div

yld

- -

ROIC.AI

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Capital Structure

FRC

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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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Business
InterPrivate III Financial Partners Inc. is a blank check company operating as a 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 target businesses primarily in the financial services industry. The company targets technology-enabled financial services firms with an enterprise value of $1 billion or more, with specific focus areas including asset and wealth management; banking services and platforms including Banking-as-a-Service (BaaS), Infrastructure-as-a-Service (IaaS), and Software-as-a-Service (SaaS); non-bank lending such as commercial, consumer, mortgage, and auto finance; payments; insurance including personal and commercial lines; and other segments like data and analytics, regulatory technology (RegTech), and risk management. Founded in 2020 and headquartered in New York, New York, InterPrivate III Financial Partners leverages its management's expertise and access to a broad industry network including private equity sponsors, family offices, and institutional investors for deal sourcing and value creation. The company has no operational business or revenues of its own as it seeks to complete a qualifying business combination. Recently, InterPrivate III Financial Partners extended the deadline multiple times to complete its initial business combination, the latest extension pushing the deadline to December 9, 2023. Notably, in 2023 the company terminated a previously announced merger agreement with Aspiration, a sustainability-focused fintech and financial services platform, which was valued at approximately $2.3 billion. Following the termination, InterPrivate III is entitled to a potential termination fee and equity contingent on Aspiration securing specific funding. The company also moved its stock listing from the New York Stock Exchange (NYSE) to the NYSE American market in early 2023. These moves reflect ongoing strategic flexibility and pursuit of the optimal initial business combination opportunity within its targeted financial technology and services sectors. InterPrivate III Financial Partners is part of the broader InterPrivate group, known for its investment partnerships focused on control buyouts and private equity opportunities across financial services and related industries. Overall, InterPrivate III Financial Partners provides an investment vehicle specifically aimed at identifying and partnering with scalable, tech-forward financial services companies in North America and potentially beyond, using the SPAC structure to access public markets and support growth initiatives in the sector. Its core function remains to consummate a transformative business combination that aligns with its investment focus and creates significant shareholder value.

Company News

APIChat
  • InterPrivate III Financial Partners Inc. Announces Redemption of Shares

  • InterPrivate III Financial Partners Inc. Announces Extension of Deadline to Complete Initial Business Combination

  • InterPrivate III Financial Partners Inc. Announces Extension of Deadline to Complete Initial Business Combination

  • InterPrivate III Financial Partners Inc. Announces Extension of Deadline to Complete Initial Business Combination

  • InterPrivate III Financial Partners Inc. Announces Extension of Deadline to Complete Initial Business Combination

  • InterPrivate III Financial Partners Inc. Announces Extension of Deadline to Complete Initial Business Combination

  • Groundbreaking Aspiration Zero Launches Today, First-of-its-Kind Credit Card Built to Fight the Climate Crisis

  • Jumping The SPAC

  • ADDING MULTIMEDIA Aspiration, a Leading Sustainability Services Platform for People and Businesses, to Become Publicly Traded via Merger With InterPrivate III Financial Partners Inc.

  • Aspiration, a Leading Sustainability Services Platform for People and Businesses, to Become Publicly Traded via Merger With InterPrivate III Financial Partners Inc.

  • InterPrivate III Financial Partners Inc. Receives NYSE Notice Regarding Delayed Form 10-Q Filing