Launchpad Cadenza completes $230 million funding round; will seek mergers and acquisitions in areas such as digital assets.
special purpose acquisition company Launchpad Cadenza announced that its issued Class A common stock and warrants have been listed on Nasdaq, completing the initial public offering (IPO) with total fundraising of $230 million. The related funds have now been deposited in trust, and Cantor Fitzgerald served as the sole bookrunner for this issuance. The company stated that it will subsequently seek mergers, acquisitions, share exchanges, asset purchases, share purchases, reorganizations, or similar business combinations with technology and software infrastructure companies in the blockchain, fintech, and digital asset ecosystems. (Globenewswire)
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