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indie Semiconductor (Thunder Bridge II) Priced, Nasdaq: INDI

Second blank check company led by Gary Simanson targeting the fintech industry (completed 6/10/2021).

Industry: SPAC

First Day Return: +0.7%

Industry: SPAC

We are a newly incorporated blank check company. We have not selected any specific business combination target. We currently intend to concentrate our efforts in identifying businesses in the financial services industry. We will place a particular emphasis on FinTech businesses. We are not required to complete our initial business combination with a financial services or financial technology business and 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 enhancement or redirection to maximize value. We do not intend to acquire start-up or other early-stage companies, companies with speculative business plans or companies that are excessively leveraged. All the members of our management team and our senior special advisor except for Mr. Mangum also participated as executive officers and/or directors of Thunder Bridge Acquisition (Nasdaq: RPAY), a blank check company which raised an aggregate of $258 million in its initial public offering in June 2018 and which in July 2019 consummated its initial business combination with Repay, an omnichannel payments technology provider.
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IPO Data
IPO File Date 07/17/2019
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/08/2019
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $300
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Great Falls, VA, United States
Founded 2019
Employees at IPO 3
Website thunderbridge.us

indie Semiconductor (Thunder Bridge II) (INDI) Performance