spac BFT

Foley Trasimene Acquisition Corp. II (BFT)

Analytics

Bill Foley’s fourth SPAC Foley Trasimene Acquisition II prices upsized $1.3 billion IPO at $10
The Business is led by Chairman Bill Foley, who is currently the Chairman of Fidelity National Financial (NYSE: FNF), Black Knight (NYSE: BKI), and Cannae Holdings, also is currently a Senior Managing Director of Trasimene Capital Management. CEO Richard Massey functions as the CEO of Cannae Holdings plus a Senior Managing Director of Trasimene Capital Management too. Foley Trasimene Acquisition II plans to record the NYSE under the symbol BFT.U. Foley Trasimene Acquisition II, the fourth largest blank check company formed by financial services veteran Bill Foley, raised $1.3 billion by offering 130 million units at $10. The business provided 10 million more components than anticipated. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The business might raise an additional $150 million in the conclusion of an acquisition pursuant to a forward purchase arrangement with Cannae Holdings (NYSE: CNNE).

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