VPC Impact Acquisition Holdings
VIHAU
NASDAQ Capital Market10.51
USD
- -
- -
CIK
0001820302
ISIN
KYG9441E1263
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
64.38
5Y
5.10
72.43
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
- John G. Martin
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 150 North Riverside Plaza Chicago IL United States of America
- IPO Date
- Sep 4, 2020
- CIK
- 0001820302
- Website
- victoryparkcapital.com
- Similar Companies
- Business
- VPC Impact Acquisition Holdings is a special purpose acquisition company (SPAC) established in 2020 and headquartered in Chicago, Illinois. The company primarily focuses on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with businesses operating mainly in the fintech industry. It does not engage directly in operational activities or generate revenues but aims to identify high-growth fintech companies with enterprise values approximately between $800 million and $3 billion. The core activity of VPC Impact Acquisition Holdings is to serve as an acquisition vehicle, facilitating the combination of private companies with public markets through SPAC transactions. The company has a strategic orientation toward fintech, leveraging the expertise of its management team and partners to pursue business combinations, which may include products and services related to financial technology platforms, digital asset marketplaces, and associated financial infrastructure. A significant recent corporate change is the completion of a reverse merger with Bakkt Holdings, LLC in October 2021, a digital asset marketplace launched by Intercontinental Exchange (ICE) and its partners. This transaction marked a major strategic shift as VPC Impact Acquisition Holdings ceased to exist as a stand-alone entity and became part of Bakkt, which provides real-time, multi-asset clearing and risk platform services across traditional and digital markets. ICE retains a significant economic and voting interest in Bakkt following the merger. Additionally, litigation settlements related to the liquidation of VPC Impact Acquisition Holdings II have been resolved recently, reflecting the company’s ongoing corporate developments. The company operates primarily in the United States with a target market focused on fintech enterprises, digital asset platforms, and financial infrastructure sectors. VPC Impact Acquisition Holdings has also launched subsequent SPAC vehicles aiming to identify acquisition targets globally, including outside the United States. It is affiliated with Victory Park Capital, which manages its investment and acquisition activities. The company’s strategic moves and partnerships reflect a focus on the convergence of financial technology and digital assets in evolving capital markets.
Morris Kandinov LLP Announces Proposed Settlement of Class Action on Behalf of Former Class A Shareholders of VPC Impact Acquisition Holdings II
Bakkt Closes Business Combination with VPC Impact Acquisition Holdings and Will Begin Trading on the New York Stock Exchange on October 18, 2021
VPC Impact Acquisition Holdings Shareholders Approve Business Combination with Bakkt
VPC Impact Acquisition Holdings Announces Transfer of Listing To NYSE In Connection With Its Proposed Business Combination with Bakkt
VPC Impact Acquisition Holdings and Bakkt Holdings, LLC Announce Effectiveness of Registration Statement and Special Meeting Date for Proposed Business Combination