- SPACs
- Fintech Acquisition Corp. II
Fintech Acquisition Corp. II
Completed 2018-07-26- CIK 1683695
- FNTE
- Now IMXI
- IPO 2017-01-23
- $176M trust
- 686 filings
Successfully merged with International Money Express, Inc. (Intermex) • Now trading as IMXI
- IPO Size
- $175M
- raised at the IPO
- Trust
- $176M
- as of 2018-06-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2017
- year it listed
Filings, by quarter
686 filings over 42 quarters; violet bars carry a milestone
- 16 Q3: 1 filing
- 16 Q4: 6 filings
- 17 Q1: 32 filings
- 17 Q2: 2 filings
- 17 Q3: 1 filing
- 17 Q4: 8 filings
- 18 Q1: 11 filings
- 18 Q2: 23 filings
- 18 Q3: 61 filings
- 18 Q4: 13 filings
- 19 Q1: 8 filings
- 19 Q2: 9 filings
- 19 Q3: 35 filings
- 19 Q4: 22 filings
- 20 Q1: 9 filings
- 20 Q2: 13 filings
- 20 Q3: 22 filings
- 20 Q4: 30 filings
- 21 Q1: 20 filings
- 21 Q2: 14 filings
- 21 Q3: 11 filings
- 21 Q4: 11 filings
- 22 Q1: 30 filings
- 22 Q2: 13 filings
- 22 Q3: 23 filings
- 22 Q4: 7 filings
- 23 Q1: 25 filings
- 23 Q2: 20 filings
- 23 Q3: 6 filings
- 23 Q4: 13 filings
- 24 Q1: 36 filings
- 24 Q2: 18 filings
- 24 Q3: 15 filings
- 24 Q4: 5 filings
- 25 Q1: 21 filings
- 25 Q2: 17 filings
- 25 Q3: 19 filings
- 25 Q4: 12 filings
- 26 Q1: 21 filings
- 26 Q2: 7 filings
- 26 Q3: 12 filings
- 26 Q4: 4 filings
- S-1 filed 16 Q3
- IPO 17 Q1
- Definitive agreement 17 Q4
- Completed 18 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2016-09-06 Filed S1
- IPO2017-01-23 IPO, search begins
- Definitive Agreement2017-12-19 Agreement for merger
- Completed2018-07-26 Merger Completed
About
FinTech Acquisition Corp. II is a blank-check company formed to acquire a business. It intends to focus on technology and services for the financial services industry, particularly data processing, security, engagement, marketing and payment processing businesses.
Investment Focus
FinTech, Financial Services, Data & Analytics, Cybersecurity, Consumer, Marketing, Payment Platforms
Key Information
As the filings state it
- IPO Date
- 2017-01-23
- Total Redemptions
- $49.8M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2018-07-26
- Merger Target
- International Money Express, Inc. (Intermex)
- SPAC Ticker
- FNTE
- Merged Ticker
- IMXI
Stock Performance
IMXITrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2017-03-27 | $9.70 | |
| At Merger | 2018-07-27 | $10.00 | +3% |
| 6 Months Post-Merger | 2019-02-01 | $11.36 | +14% |
| 1 Year Post-Merger | 2019-07-31 | $13.84 | +38% |
| 2 Years Post-Merger | 2020-07-27 | $13.28 | +33% |
| Current Price | 2026-10-02 | $11.51 | +19% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team is led by Daniel G. Cohen, Betsy Z. Cohen and James J. McEntee, III, with backgrounds in financial services, financial technology, banking and operating public companies; they previously served as executives or directors of FinTech I, which completed a business combination.