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Fusion Acquisition Corp. II
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Fusion Acquisition Corp. II was a publicly-traded special purpose acquisition company (SPAC) sponsored by Fusion Sponsor II, LLC, and led by Chairman Jim Ross and CEO John James. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, or similar business combination. It successfully completed its initial public offering in February 2021, raising approximately $435 million. The company's focus was on acquiring businesses in the fintech, asset, and wealth management sectors. In June 2021, it announced a definitive agreement to merge with Dave Inc., a leading U.S. banking app. The business combination was successfully completed in January 2022, after which the combined company was renamed Dave Inc. and began trading on the Nasdaq under the ticker symbol "DAVE".
United States
Industry
Financial
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