VIH - Fintech industry focused SPAC VPC Impact Acquisition Holdings II prices $225M IPO

VPC Impact Acquisition Holdings II (VPCBU) priced its 22.5M units IPO at $10/unit; units to be listed on Nasdaq under the symbol, 'VPCBU' commencing today.Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant; warrant holder to purchase one Class A ordinary share at $11.5/share.The company seeks a business combination with a global high-growth business in the Fintech industry with operations predominantly outside of the U.S. and an enterprise value of ~$800M to $3B.VPC's board includes former Sen. Joseph Lieberman, the 2000 year U.S. Democratic vice presidential candidate.In January, Bakkt Holdings, a digital asset marketplace, planned to become public through a merger with VPC Impact Acquisition Holdings (VIH).Offer expected to close on Mar.9.

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Fintech industry focused SPAC, VPC Impact Acquisition Holdings II prices $225M IPO