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FinTech Acquisition V Priced, Nasdaq: FTCV

Blank check company formed by SPAC veterans Betsy and Daniel Cohen targeting fintech (liquidated).

Industry: SPAC

First Day Return: +2.5%

Industry: SPAC

We are a blank check company. We currently intend to concentrate our efforts in identifying businesses providing technological services to the financial services industry, with particular emphasis on businesses that provide data processing, storage and transmission services, data bases and payment processing services. We are not, however, required to complete our initial business combination with a financial technology business and, as a result, we may pursue a business combination outside of that industry. We will seek to acquire established businesses that we believe are fundamentally sound but potentially in need of financial, operational, strategic or managerial redirection to maximize value. We do not intend to acquire start-up companies, companies with speculative business plans or companies that are excessively leveraged. We will seek to capitalize on the significant financial services, financial technology and banking experience and contacts of Daniel G. Cohen, our Chief Executive Officer, Betsy Z. Cohen, the Chairman of our Board of Directors, and James J. McEntee, III, our President, to identify, evaluate, acquire and operate a target business.
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FinTech Acquisition V (FTCV) Performance