Powered by

Financials SPAC Fusion Acquisition II raises deal size by 22% ahead of $365 million IPO

Feb 19, 2021 - Nasdaq
Mergers and Acquisitions

Fusion Acquisition II, the second blank check company formed by industry veterans targeting financial services, raised the proposed deal size for its upcoming IPO on Friday.

The New York, NY-based company now plans to raise $365 million by offering 36.5 million units at $10. The company had previously filed to offer 30 million units at the same price. Each unit still consists of one share of common stock and one-third of a warrant, exercisable at $11.50. At the revised deal size, Fusion Ac...