JOFF Fintech Acquisition Corp.

JOFF Fintech Acquisition Corp.

JOFFU
JOFF Fintech Acquisition Corp.US 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

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
1345 Avenue of the Americas New York City NY United States of America 10105
IPO Date
Feb 4, 2021
Business
JOFF Fintech Acquisition Corp is a special purpose acquisition company (SPAC) headquartered in New York, New York, founded in 2020. The company operates as a blank check entity formed to identify and acquire one or more businesses through mergers, capital stock exchanges, asset acquisitions, stock purchases, or reorganizations. It focuses on the fintech sector, aiming to leverage strategic partnerships and capital to facilitate business combinations within this industry. As of the latest information, JOFF has been active in capital raising efforts, including a notable $300 million IPO, positioning itself for growth through acquisitions rather than direct product manufacturing or service provision. The company’s recent major changes include amendments to its charter to unwind before year-end 2022 and ongoing efforts to complete mergers or acquisitions in the fintech domain, reflecting strategic shifts typical of SPACs in the fintech space. JOFF operates primarily within the United States market but targets fintech companies that can offer expansion opportunities across different regions. The company does not manufacture products or provide direct services but serves as a vehicle to acquire and grow fintech businesses. Its key activity remains focused on investment and acquisition strategy within financial technology sectors.

Company News

APIChat
  • JOFF Fintech Acquisition (OTCMKTS:JOFFU) Trading 0.1% Higher – What’s Next?

  • JOFF Fintech Acquisition Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

  • JOFF Fintech Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Redeemable Warrants Commencing March 29, 2021

  • JOFF Fintech Acquisition Corp. Completes Upsized $414,000,000 Initial Public Offering

  • JOFF Fintech Acquisition Corp. Announces Pricing of upsized $360,000,000 Initial Public Offering