Inactive Instrument

Financials Acquisition Corp

FINS

KYG3439B1032

Financials Acquisition calculates redemption price

December 15, 2023 at 04:32 pm EST

Financials Acquisition Corp - Cayman Islands-based special purpose acquisition company sponsored by FINSAC LLP - Further to announcement on November 20, continues to work with Interpath (Cayman) Ltd as an independent advisor to supervise the allocation of payments to creditors and the redemption of class A ordinary shares. Calculates the redemption price at GBP9.50 per class A ordinary share, the amount on deposit in the company's escrow account as at December 15. Upon payment of the redemption price, the redemption will extinguish the rights of holders of Class A ordinary shares as shareholders of the company, including the right to receive further liquidation distributions.

Current stock price: 1,090 pence

12-month change: up 9.0%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Financials Acquisition Corp

Financials Acquisition calculates redemption price	Dec. 15	AN
Eqtec to restucture; Bushveld to sell Cellcub stake	Nov. 20	AN
Financials Acquisition Begins Liquidation Process	Nov. 20	MT
Financials Acquisition Corp to shutter as LIU merger fails	Nov. 13	AN
Insurance SPAC Financials Acquisition Corp to Cease Operations	Nov. 13	MT
Lloyd's of London SPAC venture scrapped due to volatile markets	Nov. 13	RE
BAE backs upgraded guidance; Royal Mail fined	Nov. 13	AN
Financials Acquisition eyes Lloyd's of London with LIU deal	23-10-30	AN
London SPAC to test shareholder appetite for Lloyd's of London venture	23-10-30	RE
EARNINGS AND TRADING: Indus Gas full-year profit jumps 19%	23-10-03	AN
Financials Acquisition Corp Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
FTSE 100 Ends Week On Positive Note, Up 0.5%	23-09-08	DJ
UK Equity Funds' Persistent Headwinds Remain	23-09-08	DJ
London-listed Spac sets London Innovation Underwriters debut	23-09-08	AN
Financials Acquisition Corp Forms Lloyd's of London Insurance Vehicle	23-09-08	MT
London-listed SPAC moves closer to launch of Lloyd's insurance vehicle	23-09-08	RE
Financials Acquisitions extends deadline for business combination	23-07-11	AN
Financials Acquisition seeks business combination deadline extension	23-06-23	AN
Financials Acquisition seeks new deadline for insurance deal	23-06-21	AN
Financials Acquisition Corp SPAC seeks extra time for insurance deal	23-06-21	RE
UK Stocks-Factors to watch on June 21	23-06-21	RE
Financials Acquisition to Launch New GBP1 Billion Pure-play Insurance Vehicle	23-06-21	MT
EARNINGS UPDATES: Hostmore revenue jumps, Aminex loss halves	23-04-28	AN
Financials Acquisition Corp Reports Earnings Results for the Sixteen Months Ended December 31, 2022	23-04-28	CI
Financials Acquisition Corp Reports Earnings Results for the Sixteen Months Ended December 31, 2022	23-04-28	CI

Chart Financials Acquisition Corp

Duration

Period

More charts

Company Profile

Financials Acquisition Corp. is a special purpose acquisition company focused on insurance technology. The Company intends to target a business combination with tech-enabled insurers that are approaching sufficient scale and maturity to debut on public markets.

Sector

Investment Holding Companies

More about the company

Sector Shell Companies

	1st Jan change	Capi.
TRUMP MEDIA & TECHNOLOGY GROUP CORP.	+176.46%	6.61B
CHURCHILL CAPITAL CORP VII	+2.19%	982M
APPLE ISPORTS GROUP, INC.	+41.91%	872M
PERELLA WEINBERG PARTNERS	+31.32%	858M
ARES ACQUISITION CORPORATION II	+1.72%	664M
E7 GROUP	+5.03%	642M
DA ZHONG TRADING GROUP HOLDING COMPANY	-.--%	600M
ADMIRAL ACQUISITION LIMITED	+3.61%	503M
CAPITOL INVESTMENT CORP. VII	-.--%	500M

Shell Companies