Anthemis Digital Acquisitions I, a blank check company formed by Anthemis Group targeting financial technology, raised $200 million by offering 20 million units at $10. Each unit contains one share of common stock and one-half of a warrant, exercisable at $11.50. At pricing, the company commands a market value of $272 million.
The company is led by CEO and Chair Amy Nauiokas, the founder and CEO of Anthemis Group, an investment manager focused exclusively on reinventing financial services for the modern age. The company plans to target digital financial services, or modern financial technology, focusing on businesses that reflect its core guiding principles of collaboration, virtuous cycle outcomes, and diversity, equity and inclusivity.
Anthemis Digital Acquisitions I plans to list on the Nasdaq under the symbol ADALU. Barclays, and Credit Suisse acted as lead managers on the deal.
