other_material
confidence high
sentiment neutral
materiality 0.80
FIGX Capital Acquisition Corp. completes $150.65M IPO, including full over-allotment
FIGX Capital Acquisition Corp.
- Gross proceeds of $150.65M from 15,065,000 units at $10.00, including 1,965,000 over-allotment units.
- $150.65M placed in trust for business combination; available up to 24 months from closing.
- Private placement of 443,470 units at $10.00 to sponsor and Cantor Fitzgerald, alongside IPO.
- Board: Lou Gerken (CEO/Chairman), Jide James Zeitlin (Vice Chairman), Mike Rollins (CFO), plus three independent directors.
- Focus on financial industry group, particularly private wealth/asset managers with global presence.
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