热门资讯> 正文
2022-01-18 22:30
09:27 AM EST, 01/18/2022 (MT Newswires) -- CF Acquisition Corp. V (CFV) and satellite imagery collection company Satellogic said Tuesday they have obtained an additional $150 million private placement commitment from private equity firm Liberty Strategic Capital, led by former US Treasury Secretary Steven Mnuchin.
The companies said the investment brings the capital committed into Satellogic to over $265 million and comes after a private investment in public equity deal of $100 million that was led by SoftBank's SBLA Advisers, Cantor Fitzgerald and other investors. Cantor Fitzgerald -- the sponsor of blank check firm CF Acquisition -- increased its PIPE deal participation to about $58 million from $33 million, the companies said.
Mnuchin will join Satellogic's board as non-executive chairman, while the chairman and chief executive of Cantor Fitzgerald and CFV, Howard Lutnick, will also join the board, they said.
The planned merger with CFV is expected to close in Q1 and Liberty's investment in Satellogic is expected to close in mid-February, the companies said.
Price: 9.83, Change: +0.09, Percent Change: +0.92