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Quantum FinTech Acquisition Corporation announced the pricing of its initial public offering (IPO) of 17,500,000 units at $10.00 per unit. Trading is set to commence on the NYSE under the ticker symbol QFTA.U on February 5, 2021. Each unit includes one share of common stock and one redeemable warrant. The offering is expected to close on February 9, 2021, pending customary conditions. Chardan is the sole book-running manager, holding a 45-day option for an additional 2,625,000 units for over-allotments. This IPO is part of the company's strategy to target growth in financial services and FinTech businesses.
