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SPAC FinTech Acquisition II prices upsized IPO at $10

January 20, 2017

FinTech Acquisition II, a blank check company formed by management of The Bancorp to acquire a financial technology business, raised $153 million by offering 15.3 million shares at $10, up from the 13.5 million shares originally filed. FinTech Acquisition II plans to list on the Nasdaq under the symbol FNTEU. Cantor Fitzgerald acted as a lead manager on the deal.