L&F Acquisition Corp.

L&F Acquisition Corp.

LNFA
L&F Acquisition Corp.US flagNew York Stock Exchange
10.95
USD
-3.45
- -
1.29BMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChatGPT
Sector
Financial Services
Industry
Shell Companies
Address
150 North Riverside Plaza Chicago IL United States of America 60606
IPO Date
Jan 7, 2021
Business
L&F Acquisition Corp. is a special purpose acquisition company (SPAC) focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations primarily within the governance, risk, compliance, and legal technology and software sectors. The company was incorporated in 2020 and is headquartered in Chicago, Illinois. Its primary operational model involves identifying and partnering with target businesses in technology-driven sectors with significant growth potential. L&F Acquisition Corp. does not manufacture or sell products directly but provides capital and strategic resources to facilitate business combinations. The company’s core services center on acquisition and merger execution, leveraging deep sector expertise from operators and investors in public and private markets, with backing from investment firms like Victory Park Capital. A significant recent development is L&F Acquisition Corp.'s definitive agreement to merge with ZeroFox, an enterprise software-as-a-service (SaaS) leader in external cybersecurity. This merger positions ZeroFox as a publicly traded company with an equity valuation of approximately $1.4 billion. ZeroFox specializes in protecting organizations from external cyber threats and risks and combines external cybersecurity SaaS solutions with IDX, a Peloton portfolio company focused on security, thereby covering the full lifecycle of external cyber threats. This transaction was completed and became effective in August 2022, marking L&F Acquisition Corp.'s transformation through this strategic business combination and expansion into cybersecurity markets in the U.S. and globally. The company primarily operates within the United States but through its merger with ZeroFox, it gains exposure to global cybersecurity markets. L&F Acquisition Corp. is now positioned as a platform for growth in governance, risk, compliance, and cybersecurity technology segments. In summary, L&F Acquisition Corp. serves as a SPAC with the specialized purpose of acquiring and combining with technology-focused firms, most recently culminating in its merger with ZeroFox, expanding its offerings to external cybersecurity services and software solutions. The company remains headquartered in Chicago, Illinois, and continues its strategic focus on technology-driven acquisitions in the governance, risk, and compliance sectors. This description reflects the company’s core business, detailed product/service focus via merger targets, and major recent change involving the ZeroFox merger completed in 2022, consolidating its role in cybersecurity SaaS and related sectors.

Company News

APIChatGPT
  • L&F Acquisition Corp. and ZeroFox, Inc. Announce Effectiveness of Registration Statement and August 2, 2022 Extraordinary General Meeting to Approve Business Combination

  • L&F Acquisition Corp. Transfers Listing to NYSE American LLC

  • ZeroFox, Leading External Cybersecurity SaaS Provider, Announces Plan to Acquire IDX and Become Publicly Traded Company via Merger with L&F Acquisition Corp.

  • L&F Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing January 7, 2021

  • L&F Acquisition Corp. Announces Pricing of $150 Million Initial Public Offering