FSRV News and Press, FinServ Acquisition Corp. From 06/10/21

NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (NASDAQ: KPLT), a leading e-commerce focused financial technology company, today announced it will begin trading its common shares and warrants on the Nasdaq Stock Market under the Ticker “KPLT” and “KP...

Katapult is merging with Finserv Acquisition SPAC (FSRV) and slated to trade under new Katapult ticker within days. The PIPE is led by Tiger Global. They are the market share leader in huge under-penetrated market of Buy Now, Pay Later ecommerce financing for non-prime consumers....

Combined company will operate as Katapult Holdings, Inc. and will trade on the Nasdaq under the Ticker KPLT Katapult will announce first quarter ended March 31, 2021 financial results on Tuesday, June 15, 2021 NEW YORK, June 09, 2021 (GLOBE NEWSWIRE) -- Katapult Holdings, ...

David Einhorn's 13F stock portfolio value decreased from $1.66B to $1.44B this quarter. Greenlight increased Danimer Scientific and Concentrix while reducing AerCap Holdings, fuboTV, and Resideo Technologies during the quarter. The largest three positions are at ~45% of the portfo...

FGNA agreed to merge with OppFi, a growthy and profitable non-prime lender in Feb 2021. Current equity valuation implies 12.2X 2021 PE and 9.1X 2022 PE. OppFi's proprietary platform, growth verticals, and surprisingly strong profitability make for an intriguing investment opportun...

Special meeting of FinServ Acquisition Corp.’s stockholders to approve the proposed business combination with Katapult Holdings, Inc. to be held on June 7, 2021 Following closing, combined company stock and warrants will trade under the ticker symbols “KPLT” a...

Katapult onboards twenty-six retail partners in the first quarter PR Newswire PLANO, Texas , May 12, 2021 /PRNewswire/ -- Katapult , the leading provider of eCommerce point-of-sale ("POS") lease-purchase options for nonprime US consumers, today announced ...

Q1 EPS $1.22 vs. $.91 estimates. Guidance of $3.80-4.05 adj'd EPS vs. $3.63 estimates. E-commerce now 14.3% of merchandise volumes vs. 1.9% last year. For further details see: PROG Holdings: Fantastic Quarter Even In A Mixed Environment

Gainers: Rice Acquisition (RICE) +10%. U.S. Global Investors (GROW) +10%. FinServ Acquisition (FSRV) +9%. loanDepot (LDI) +8%. Victory Capital Holdings (VCTR) +7%.Losers: Medalist Diversified REIT (MDRR) -15%. Pintec Technology Holdings (PT) -9%. Ucommune International (UK) -9%. X Financial (...

FinServ Acquisition Corp. is a SPAC in the process of acquiring one of the leading BNPL players, Katapult, which focuses on the nonprime consumer market. The global pandemic has rapidly changed consumers' preferences, including a shift to online commerce and alternative financing solu...