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Blank check company FinTech Acquisition III prices upsized IPO at $10

November 16, 2018

FinTech Acquisition III, a blank check company formed by management of The Bancorp to acquire a financial technology business, raised $300 million by offering 30.4 million units at $10. The company had previously filed to raise $275 million by offering 27.5 million units at the same price. Fintech Acquisition III plans to list on the Nasdaq under the symbol FTACU. Cantor Fitzgerald acted as a lead manager on the deal.