Podcast: AtlasClear’s Craig Ridenhour and Quantum Fintech’s (QFTA) John Schaible
by Kristi Marvin on 2023-07-20 at 7:16am

SPAC structures can provide unique opportunities to bring together many pieces to a new puzzle, which is very much the case with this week’s deal.

This week, we speak with John Schaible, Chairman and CEO of Quantum Fintech Acquisition Corporation (NYSE: QFTA), and Craig Ridenhour, Chief Business Development Officer at AtlasClear.

John and Craig explain how they have crafted a three-way merger to give AtlasClear a unique set of competencies combining trading, clearing, settling and banking with financial products that are generally unavailable to its middle market clients.

They discuss why this market is underserved and what barriers to entry they would be able to surmount by putting this together as a SPAC combination.

Give it a listen.


 

 

Recent Posts
by Nicholas Alan Clayton on 2024-07-03 at 7:54am

At the SPAC of Dawn Today is a half-day for the US markets, but that rarely equates to half as much activity in SPACs. Teams frequently like to tuck deal announcements and less-than-positive corporate actions into portions of the calendar just before a holiday. But, with the minutes from the Fed’s June meetings coming out...

by Anthony Sozzi on 2024-07-02 at 1:54pm

With June wrapping up, legacy SPACs have continued to need to approve additional time for their business combinations, while at the same time, new deals have paved the way for the future. The amount of funds that could be left in the trust account is unknown territory for newly issued SPACs, but these fresh starts...

by Nicholas Alan Clayton on 2024-07-02 at 9:19am

Eureka Acquisition Corp announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EURKU”, Tuesday, July 2, 2024. The new SPAC aims to combine with a target in Asia utilizing the team’s established deal-sourcing network among private equity and venture capital firms in...

by Nicholas Alan Clayton on 2024-07-02 at 8:22am

At the SPAC of Dawn SPACs jumped into show business in a big way this year with Screaming Eagle‘s combination with Lionsgate Studios (NASDAQ:LION). But, they had already been active in the music scene listing companies like Middle Eastern music streamer Anghami (NASDAQ:ANGH), music portfolio investor Reservoir (NASDAQ:RSVR) and ticket seller Vivid Seats (NASDAQ:SEAT). But,...

by Nicholas Alan Clayton on 2024-07-01 at 4:48pm

June finished the half strong for the SPAC market, which was capped off by Cayson (NASDAQ:CAPNU) and Calisa (NASDAQ:ALISU) each filing for $60 million IPOs with EarlyBirdCapital underwriting on the last trading day of the month. These two have been grouped together here due to the great number of similarities they bear in their terms....

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved