Investment Thesis
LF Capital Acquisition Corp. (LFAC) is a special purpose acquisition company (SPAC) with its focus on the financial services and fintech industries. The SPAC is managed by a team of highly experienced executives and has a liquidation deadline of September 22, 2020. LFAC warrants (LFACW) are mispriced currently at $0.96 which represents a great entry point with potentially 2x-4x upside upon a deal announcement.
LFAC’s management team has extensive experience and a solid track record in the global banking industry. Its Chairman Baudouin Prot was previously BNP Paribas’ CEO