FIGX Capital Acquisition Corp. Announces the Pricing of $131,000,000 Initial Public Offering
FIGX Capital Acquisition Corp. has announced the pricing of its $131 million initial public offering, consisting of 13,100,000 units at $10.00 per unit. The units will trade on Nasdaq under the symbol "FIGXU" starting June 27, 2025.
Each unit comprises one Class A ordinary share and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share. The company is a blank check company focusing on the financial industry group (FIG Sector), particularly targeting private wealth/asset managers. The management team is led by Lou Gerken as CEO and Chairman, with Cantor Fitzgerald & Co. serving as the sole book-running manager.
FIGX Capital Acquisition Corp. ha annunciato il prezzo della sua offerta pubblica iniziale da 131 milioni di dollari, composta da 13.100.000 unità a 10,00 dollari ciascuna. Le unità saranno quotate al Nasdaq con il simbolo "FIGXU" a partire dal 27 giugno 2025.
Ogni unità comprende un'azione ordinaria di Classe A e mezza warrant rimborsabile, con warrant interi esercitabili a 11,50 dollari per azione. La società è una blank check company focalizzata sul settore finanziario (FIG Sector), con particolare attenzione ai gestori di patrimoni e asset privati. Il team di gestione è guidato da Lou Gerken come CEO e Presidente, mentre Cantor Fitzgerald & Co. è l'unico book-running manager.
FIGX Capital Acquisition Corp. ha anunciado el precio de su oferta pública inicial de 131 millones de dólares, que consiste en 13,100,000 unidades a 10.00 dólares por unidad. Las unidades cotizarán en Nasdaq bajo el símbolo "FIGXU" a partir del 27 de junio de 2025.
Cada unidad incluye una acción ordinaria Clase A y media garantía redimible, con garantías completas ejercitables a 11.50 dólares por acción. La compañía es una blank check company enfocada en el sector financiero (FIG Sector), con especial interés en gestores privados de patrimonio y activos. El equipo directivo está liderado por Lou Gerken como CEO y presidente, y Cantor Fitzgerald & Co. actúa como único administrador principal del libro de órdenes.
FIGX Capital Acquisition Corp.는 1억 3,100만 달러 규모의 기업공개(IPO) 가격을 발표했습니다. 총 13,100,000 단위를 단위당 10.00달러에 발행하며, 이 단위들은 2025년 6월 27일부터 나스닥(Nasdaq)에서 "FIGXU"라는 심볼로 거래됩니다.
각 단위는 클래스 A 보통주 1주와 0.5개의 상환 가능 워런트로 구성되며, 워런트는 주당 11.50달러에 전부 행사할 수 있습니다. 이 회사는 금융 산업 그룹(FIG 섹터)에 중점을 둔 블랭크 체크 회사로, 특히 개인 자산 및 자산 관리자들을 목표로 하고 있습니다. 경영진은 Lou Gerken이 CEO 겸 회장으로 이끌고 있으며, Cantor Fitzgerald & Co.가 단독 주간사 역할을 맡고 있습니다.
FIGX Capital Acquisition Corp. a annoncé le prix de son offre publique initiale de 131 millions de dollars, composée de 13 100 000 unités à 10,00 dollars chacune. Les unités seront négociées sur le Nasdaq sous le symbole "FIGXU" à partir du 27 juin 2025.
Chaque unité comprend une action ordinaire de classe A et une demi-warrant remboursable, les warrants entiers étant exerçables à 11,50 dollars par action. La société est une blank check company axée sur le secteur financier (secteur FIG), ciblant particulièrement les gestionnaires de patrimoine et d'actifs privés. L'équipe de direction est dirigée par Lou Gerken en tant que PDG et président, avec Cantor Fitzgerald & Co. en tant que gestionnaire principal unique.
FIGX Capital Acquisition Corp. hat die Preisfestsetzung seines 131 Millionen US-Dollar umfassenden Börsengangs bekannt gegeben, der aus 13.100.000 Einheiten zu je 10,00 US-Dollar besteht. Die Einheiten werden ab dem 27. Juni 2025 unter dem Symbol "FIGXU" an der Nasdaq gehandelt.
Jede Einheit besteht aus einer Stammaktie der Klasse A und einer halben einlösbaren Wandelanleihe, wobei ganze Wandelanleihen zu 11,50 US-Dollar pro Aktie ausgeübt werden können. Das Unternehmen ist eine Blankoscheckgesellschaft, die sich auf die Finanzbranche (FIG-Sektor) konzentriert, insbesondere auf private Vermögens- und Asset-Manager. Das Management-Team wird von Lou Gerken als CEO und Vorsitzendem geleitet, während Cantor Fitzgerald & Co. als alleiniger Bookrunner fungiert.
- IPO provides substantial capital base of $131 million for potential acquisition
- Focus on high-growth financial sector, specifically private wealth/asset managers
- Experienced management team with industry expertise
- Underwritten by reputable firm Cantor Fitzgerald & Co.
- No specific acquisition target identified yet
- Limited time to complete business combination
- Investment depends on management's ability to identify and execute suitable merger
- Warrants may cause potential dilution for shareholders
Insights
FIGX Capital's $131M SPAC IPO targets financial sector acquisitions, particularly wealth/asset managers positioned for global expansion.
FIGX Capital Acquisition Corp has successfully priced its
The SPAC's strategic focus on the financial industry group (FIG), particularly targeting differentiated private wealth and asset managers, reveals a specific thesis in an industry undergoing significant consolidation. The management team brings considerable industry experience, led by Lou Gerken as CEO and Chairman, alongside Jide James Zeitlin as Vice Chairman, suggesting connections and expertise valuable for sourcing potential deals.
Cantor Fitzgerald's role as sole book-runner is noteworthy, as they're a prominent player in SPAC underwriting. The
This IPO comes amid changing SPAC market dynamics, following a boom-bust cycle in recent years. FIGX will need to identify compelling acquisition targets in the financial sector to differentiate itself in what remains a competitive SPAC landscape, with the
Tiburon, CA, June 26, 2025 (GLOBE NEWSWIRE) -- FIGX Capital Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 13,100,000 units. The units are expected to be listed on The Nasdaq Global Stock Market LLC (“Nasdaq”) and begin trading tomorrow, June 27, 2025, under the ticker symbol “FIGXU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company currently intends to concentrate its efforts in identifying businesses in the financial industry group (FIG Sector), with a focus on differentiated private wealth/asset managers positioned to become multi-asset fund managers with diversified distribution channels and global market presence, however, it may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution.
The Company’s management team is led by Lou Gerken, Chief Executive Officer and Chairman, and Jide James Zeitlin, Vice Chairman of the Board of Directors (the “Board”), and Mike Rollins, its Chief Financial Officer. The Board also includes Dr. Russel Read, Real Desrochers and Pierre Sauvagnat.
Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering.
The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022, or by email at prospectus@cantor.com.
A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on June 26, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all.
Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Contacts
FIGX Capital Acquisition Corp.
Louis Gerken
lou@gerkencapital.com
(415) 383 -1464
FAQ
What is the IPO price for FIGX Capital Acquisition Corp (FIGXU)?
When will FIGXU start trading on Nasdaq?
What is FIGX Capital Acquisition Corp's business focus?
Who are the key executives of FIGX Capital Acquisition Corp?
What is the structure of FIGXU's IPO units?
How much capital is FIGX Capital Acquisition Corp raising?
