NEW YORK–(BUSINESS WIRE)–Perella Weinberg Companions (“PWP”), a number one international unbiased advisory agency, and FinTech Acquisition Corp. IV (NASDAQ: FTIV) (“FinTech IV”), a particular function acquisition firm, introduced at this time that they’ve accomplished their beforehand introduced enterprise mixture (the “Enterprise Mixture”). The Enterprise Mixture was accepted at a particular assembly of stockholders of FinTech IV on June 22, 2021, and closed at this time, June 24, 2021. The mixed firm now operates as Perella Weinberg Companions, and PWP’s Class A typical shares and warrants will start buying and selling on NASDAQ below the ticker symbols “PWP” and “PWPPW”, respectively, beginning tomorrow, June 25, 2021. FinTech IV’s public items separated into their part securities upon consummation of the Enterprise Mixture and, consequently, now not commerce as a separate safety and are being delisted from NASDAQ.
PWP CEO Peter Weinberg commented, “Right this moment marks an necessary milestone within the ongoing development and growth of PWP’s international advisory platform. This newest step has been achieved by the distinctive efforts and dogged dedication of our complete workforce. We thank all of our purchasers, the FinTech IV workforce and all our stakeholders for his or her persistent perception in our mission. With our best-in-class workforce and premium international advisory model, we’re energized by the chance to ship the perfect strategic monetary recommendation to our purchasers and drive long-term worth for our shareholders.”
Betsy Cohen, Chairman of the Board of Administrators of FinTech IV, mentioned, “We’re happy to finish the enterprise mixture with PWP and excited to introduce this world class, differentiated model to the general public markets because the PWP workforce focuses on capitalizing on the growing demand for knowledgeable unbiased advisory companies in at this time’s fast-paced and extremely advanced enterprise atmosphere.”
Perella Weinberg Companions LP served as unique capital markets and monetary advisor and Skadden, Arps, Slate, Meagher & Flom LLP acted as authorized counsel to PWP.
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Monetary Expertise Companions served as monetary advisors to FinTech IV. Keefe, Bruyette & Woods, a Stifel Firm, served as purchase facet advisor to FinTech IV. Cantor Fitzgerald & Co., JMP Securities LLC and Wells Fargo Securities, LLC acted as capital markets advisors to FinTech IV. Morgan Lewis & Bockius, LLP acted as authorized counsel to FinTech IV.
Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC acted as non-public placement brokers to FinTech IV. Davis Polk & Wardwell LLP acted as authorized counsel to the non-public placement brokers.
Perella Weinberg Companions is a number one international unbiased advisory agency, offering strategic and monetary recommendation to a broad shopper base, together with companies, establishments, governments, sovereign wealth funds and personal fairness buyers. The agency provides a variety of advisory companies to purchasers in essentially the most energetic trade sectors and international markets. With roughly 560 workers, PWP presently maintains workplaces in New York, Houston, London, Calgary, Chicago, Denver, Los Angeles, Paris, Munich, and San Francisco. The monetary data of PWP herein refers back to the enterprise operations of PWP Holdings LP and Subsidiaries.
Cautionary Assertion Relating to Ahead Trying Statements
Sure statements made on this press launch are “forward-looking statements” inside the that means of the protected harbor provisions of america Non-public Securities Litigation Reform Act of 1995. Statements concerning the Enterprise Mixture and expectations concerning the mixed enterprise are forward-looking statements. As well as, phrases akin to “estimates,” “initiatives,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “might,” “will,” “would,” “ought to,” “future,” “suggest,” “goal,” “objective,” “goal,” “outlook” and variations of those phrases or comparable expressions (or the unfavourable variations of such phrases or expressions) are supposed to establish forward-looking statements. These forward-looking statements usually are not ensures of future efficiency, situations or outcomes, and contain various identified and unknown dangers, uncertainties, assumptions and different necessary components, a lot of that are exterior the management of the events, that might trigger precise outcomes or outcomes to vary materially from these mentioned within the forward-looking statements. Components which will trigger such variations embrace, amongst others, the next: (1) the flexibility to keep up the itemizing of the mixed firm’s securities on NASDAQ; (2) the chance that the transaction disrupts present plans and operations of PWP because of the announcement and consummation of the transactions described herein; (3) the flexibility to acknowledge the anticipated advantages of the Enterprise Mixture, which can be affected by, amongst different issues, competitors, the flexibility of the mixed firm to develop and handle development profitably, keep relationships with prospects and suppliers and retain its administration and key workers; (4) prices associated to the Enterprise Mixture; (5) modifications in relevant legal guidelines or laws; (6) the likelihood that PWP could also be adversely affected by different financial, enterprise, and/or aggressive components; (7) the end result of any authorized proceedings which may be instituted towards PWP or any of its administrators or officers; (8) the failure to appreciate anticipated professional forma outcomes and underlying assumptions, together with with respect to estimated stockholder redemptions and buy value and different changes; (9) modifications usually financial situations, together with because of the COVID-19 pandemic; and (10) different dangers and uncertainties indicated occasionally within the definitive proxy assertion of FinTech IV filed with the SEC on Could 27, 2021, together with these below “Threat Components” therein, and different paperwork filed or to be filed with the SEC by PWP. Ahead-looking statements converse solely as of the date they’re made, and PWP doesn’t undertake any obligation, and expressly disclaims any obligation, to replace, alter or in any other case revise any forward-looking statements, whether or not because of new data, future occasions or in any other case, besides as required by regulation. Readers ought to rigorously evaluate the statements set forth within the studies, which FinTech IV or PWP have filed or will file occasionally with the SEC.