Shearman & Sterling advised ExcelFin Acquisition Corp., a special-purpose acquisition company, on its initial public offering of 20 million units at an offering price of $10.00 per unit, each unit consisting of one share of Class A common stock and one-half of one redeemable warrant.
ExcelFin Acquisition Corp. is a blank check company formed by Fin Venture Capital and Grand Fortune Capital, LLC for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company intends to focus its search on a U.S. domiciled Financial Technology (FinTech) company in the FinTech business-to-business software-as-a-service sector. The company is led by Chief Executive Officer Logan Allin, founder and Managing General Partner of Fin Venture Capital and Chairman of the Board Jennifer Hill, founder and Chief Executive Officer of Murphy Hill Consulting.
The Shearman & Sterling team below included international associate Ana Goncalves (New York-Capital Markets).