New Jersey, February 15, 2022 – Financial Information Incorporated (FII) today announced the launch of its new centralized Special Purpose Acquisition Company (SPAC) database that offers traders, brokers, investment bankers, and private investors the opportunity to access up-to-date information.
With adjustments being made in the market every day, FII has capitalized on the changing demand for faster alternatives to the traditional IPO process.
Phillip Necci, FII CEO, comments:“The Centralized SPAC Database is the first of several new products that FII is bringing to the market to assist investors in making decisions”
The SPAC database will enable parties to explore its contents for mergers, acquisitions, and business combinations and will allow the user to be able to limit their search to specific industries or geographical areas.
The five stages to the SPAC process that will be covered, are as follows:
- IPO Announced
- IPO Complete
- Business Combination Announced
- Business Combination Complete
- Liquidation
FII’s Centralized SPAC Database will be available starting immediately. For more information on FII’s new SPAC product offering, visit https://www.fiinet.com/products/spacs/.
About Financial Information Incorporated
Financial Information Incorporated (FII) was founded in 1911 and is the leading global provider of domestic and international financial corporate actions and historical reference services.
Over 100 years ago, FII’s runners hurried along Wall Street to the offices of our subscribers. They delivered hastily handwritten notes describing events and changes that impacted the value of stocks and bonds traded in the public markets. These notices evolved into our widely used Financial Daily Card Service, the industry standard for Corporate Actions information.
Our research tools provide our clients with efficient, cost-saving solutions to their data needs. With a staff of expert research analysts and editors, FII collects, reviews, verifies and publishes information vital to the securities industry.