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Far Peak Acquisition Priced, NYSE: FPAC

Second blank check company formed by former NYSE President Tom Farley to acquire a fintech (liquidated).

Industry: SPAC

First Day Return: 0.0%

Industry: SPAC

We are a newly organized blank check company. We currently intend to concentrate our efforts in identifying businesses in the financial technology, technology or financial services (collectively, "Fintech") industries that offer a differentiated technology platform and product suite for interfacing with the financial services sector. We would also be interested in certain types of commerce-enabling technology companies that lie adjacent to the Fintech space. We view commerce-enabling companies to be those providing artificial intelligence, information, data and analytics, tech-enabled services, risk and compliance solutions, including those focused on financial, regulatory, fraud and cybersecurity risk, and/or enterprise software solutions, among others. Over the past several years, there has been a rise in the level of sophistication and interconnectivity between innovative technology and financial services providers, and we expect this trend to continue and accelerate. We believe that there are many potential targets within the Fintech space that could become attractive public companies. These potential targets exhibit a broad range of business models and financial characteristics that range from very high growth innovative companies to more mature businesses with established franchises, recurring revenues and strong cash flows.
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Far Peak Acquisition (FPAC) Performance