The perils of Long Covid
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Freedom Acquisition I Corp Announces the Separate Trading of its Class A Common Stock and Warrants Commencing April 19, 2021
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Tidjane Thiam sur sa SPAC: «Ce que j aime avant tout, c est faire du business» – International
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Ex-Credit Suisse CEO Raises $300M for Financial Services-Focused SPAC
Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the size of the deal.
Thiam’s Freedom Acquisition I Corp. sold 30 million units at $10 apiece in its U.S. initial public offering, it said in a statement Friday. The special purpose acquisition company, which is targeting deals in the financial services industry, was earlier targeting to raise $250 million.
The strong demand shows how industry veterans can trade on their strong name recognition to raise cash at a time when SPACs are booming like never before. Freedom Acquisition’s units, which represent one Class A ordinary share and one-fourth of a redeemable warrant, will start trading Friday on the New York Stock Exchange under the “FACT.U” ticker.