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VPC Impact Acquisition Holdings II has successfully closed its IPO, offering 25,578,466 units priced at $10.00 each. Trading under the ticker "VPCBU" commenced on March 5, 2021, with each unit comprising one Class A ordinary share and one-fourth of a warrant. The company aims to merge with a high-growth Fintech entity valued between $800 million and $3 billion, primarily outside the U.S. The offering also includes an additional 3,078,466 units under the over-allotment option.
VPC Impact Acquisition Holdings II announced the pricing of its IPO at $10.00 per unit, encompassing 22,500,000 units that will trade on Nasdaq under the ticker symbol VPCBU from March 5, 2021. Each unit includes one Class A ordinary share and one-fourth of a redeemable warrant. The firm aims to merge with a high-growth Fintech company valued between $800 million and $3 billion, focusing on operations outside the U.S. The offering is set to close on March 9, 2021, with Citigroup and Jefferies serving as underwriters.