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Enterprise 4.0 Technology Acquisition Priced, Nasdaq: ENTFU

Blank check company targeting "Enterprise 4.0" businesses (liquidated).

Industry: SPAC

Latest Trade: $10.73 +0.70 (+7.0%)

First Day Return: +0.6%

Return from IPO: +0.3%

Industry: SPAC

We are a newly incorporated blank check company. We intend to focus our search for prospects within the technology industry along the trendlines set by Enterprise 4.0 companies (as defined below). Our ability to locate a potential target is subject to the uncertainties and risks discussed within this prospectus. These advances are driven by a new generation of cloud native companies characterized by the innovative way in which they leverage large new data sets and artificial intelligence algorithms. These data sets have grown rapidly due to the proliferation of smart sensors of all kinds (e.g. biometric sensors and smart cameras) and of digital signals produced by customers over the Internet as they engage with merchants and purchase goods and services. We refer to these companies as Enterprise 4.0 companies -- a new wave of cloud native companies that combine artificial intelligence, intelligent automation and proprietary access to data to deliver actionable insights for enterprise businesses. These business-to-business (“B2B”) companies provide full stack products in the form of vertical solutions, programmable cloud infrastructure or cloud native security innovations to generate immediate business value and significant return on investment improvements for their customers. We expect Enterprise 4.0 companies to enjoy rapid growth and demonstrate shareholder value creation.
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IPO Data
IPO File Date 09/24/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.1
Deal Size ($mm) $261
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/18/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.1
Deal Size ($mm) $261
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Mizuho Securities
Company Data
Headquarters Burlingame, CA, United States
Founded 2021
Employees at IPO 4

Enterprise 4.0 Technology Acquisition (ENTFU) Performance