CF Finance Acquisition Corp. III - FORM 8-K - EX-99.1 - PRESS RELEASE, DATED NOVEMBER 12, 2020 - November 18, 2020

Attached files

file filename
8-K - CURRENT REPORT - CF Finance Acquisition Corp. IIIea130122-8k_cffinanceacq3.htm
EX-99.2 - PRESS RELEASE, DATED NOVEMBER 17, 2020 - CF Finance Acquisition Corp. IIIea130122ex99-2_cffinanceacq3.htm
EX-10.7 - ADMINISTRATIVE SERVICES AGREEMENT, DATED NOVEMBER 12, 2020, BY AND BETWEEN THE C - CF Finance Acquisition Corp. IIIea130122ex10-7_cffinanceacq3.htm
EX-10.6 - PROMISSORY NOTE, DATED NOVEMBER 12, 2020 - CF Finance Acquisition Corp. IIIea130122ex10-6_cffinanceacq3.htm
EX-10.5 - PRIVATE PLACEMENT UNITS PURCHASE AGREEMENT, DATED NOVEMBER 12, 2020, BY AND BETW - CF Finance Acquisition Corp. IIIea130122ex10-5_cffinanceacq3.htm
EX-10.4 - EXPENSE REIMBURSEMENT AGREEMENT, DATED NOVEMBER 12, 2020, BY AND BETWEEN THE COM - CF Finance Acquisition Corp. IIIea130122ex10-4_cffinanceacq3.htm
EX-10.3 - REGISTRATION RIGHTS AGREEMENT, DATED NOVEMBER 12, 2020, BY AND AMONG THE COMPANY - CF Finance Acquisition Corp. IIIea130122ex10-3_cffinanceacq3.htm
EX-10.2 - INVESTMENT MANAGEMENT TRUST AGREEMENT, DATED NOVEMBER 12, 2020, BY AND BETWEEN T - CF Finance Acquisition Corp. IIIea130122ex10-2_cffinanceacq3.htm
EX-10.1 - LETTER AGREEMENT, DATED NOVEMBER 12, 2020, BY AND AMONG THE COMPANY, ITS OFFICER - CF Finance Acquisition Corp. IIIea130122ex10-1_cffinanceacq3.htm
EX-4.1 - WARRANT AGREEMENT, DATED NOVEMBER 12, 2020, BY AND BETWEEN THE COMPANY AND CONTI - CF Finance Acquisition Corp. IIIea130122ex4-1_cffinanceacq3.htm
EX-3.1 - AMENDED AND RESTATED CERTIFICATE OF INCORPORATION - CF Finance Acquisition Corp. IIIea130122ex3-1_cffinanceacq3.htm
EX-1.2 - BUSINESS COMBINATION MARKETING AGREEMENT, DATED NOVEMBER 12, 2020, BY AND BETWEE - CF Finance Acquisition Corp. IIIea130122ex1-2_cffinanceacq3.htm
EX-1.1 - UNDERWRITING AGREEMENT, DATED NOVEMBER 12, 2020, BY AND AMONG THE COMPANY, CF&CO - CF Finance Acquisition Corp. IIIea130122ex1-1_cffinanceacq3.htm

Exhibit 99.1

 

CF Finance Acquisition Corp. III Announces Pricing of $200 Million Initial Public Offering

 

New York, New York, November 12, 2020 – CF Finance Acquisition Corp. III (Nasdaq: CFACU, the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market (“Nasdaq”) and trade under the symbol “CFACU” beginning Friday, November 13, 2020. Each unit consists of one share of Class A common stock and one-third of one warrant. Each whole warrant is exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the NASDAQ under the symbols “CFAC” and “CFACW,” respectively.

 

The underwriters have been granted a 45-day option to purchase up to an additional 3,000,000 units offered by the Company to cover over-allotments, if any.

 

The offering is expected to close on November 17, 2020, subject to customary closing conditions.

 

Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering.

 

About CF Finance Acquisition Corp. III

        

CF Finance Acquisition Corp. III is a newly organized blank check company formed 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’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region, but the Company intends to focus on industries where its management team and founders have experience, including the financial services, healthcare, real estate services, technology and software industries. CF Finance Acquisition Corp. III is led by Chairman and Chief Executive Officer Howard W. Lutnick.

        

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on November 12, 2020. The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email: prospectus@cantor.com. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.

 

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Forward Looking Statements

 

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company’s initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.