SPAC · Merger completed
Netfin Acquisition Corp.
Business combination with Triterras Fintech Pte. Ltd.
Netfin Acquisition Corp. is a blank-check company (SPAC) that raised $220M in its initial public offering on Jul 31, 2019, listing on Nasdaq Capital Market. It completed its business combination with Triterras Fintech Pte. Ltd. on Nov 10, 2020; the combined company is Triterras, Inc. (TRIT). Executive Director of Globex Capital led the IPO, with Chairman of VEB Capital. Winston & Strawn advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.
Triterras Fintech is a fintech company focused on trade and trade finance. It operates Kratos, a digital marketplace connecting commodity traders with each other and with lenders so they can trade and source capital online.
- Status
- Merger completed
- IPO date
- Jul 31, 2019
- IPO size
- $220M
- IPO exchange
- Nasdaq Capital Market
- Target
- Triterras Fintech Pte. Ltd.
- Announced
- Jul 29, 2020
- Closed
- Nov 10, 2020
- Combined company
- Triterras, Inc. (TRIT)
- IPO underwriters
- Executive Director of Globex Capital and Chairman of VEB Capital
- SPAC counsel (IPO)
- Winston & Strawn and Maples and Calder
- Underwriters' counsel (IPO)
- Ellenoff Grossman & Schole
More on this SPAC for subscribers
- Trust balance and value per share
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
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Filings
- IPO prospectus (424B4) Jul 31, 2019
- Deal announcement (8-K) Jul 29, 2020
- Press release
- All filings on EDGAR CIK 1776903
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