BRIEF-Dave Announces Plans To Become Publicly Traded Company Via Merger With VPC Impact Acquisition Holdings III

Reuters

07 Jun 2021

June 7 (Reuters) - VPC Impact Acquisition Holdings III Inc

:

* DAVE, A LEADING BANKING APP WITH 10 MILLION CUSTOMERS, ANNOUNCES PLANS TO BECOME PUBLICLY TRADED COMPANY VIA MERGER WITH VPC IMPACT ACQUISITION HOLDINGS III

* VPC IMPACT ACQUISITION HOLDINGS III INC - TRANSACTION ASSIGNS DAVE AN EXPECTED PRO FORMA, FULLY-DILUTED EQUITY VALUE OF APPROXIMATELY $4 BILLION

* VPC IMPACT ACQUISITION HOLDINGS III - INSTITUTIONAL INVESTORS COMMITTED $210 MILLION IN A PIPE LED BY TIGER GLOBAL MANAGEMENT

* VPC IMPACT ACQUISITION HOLDINGS III INC - COMBINED CO TO BE LISTED UNDER TICKER SYMBOL “DAVE"

* VPC IMPACT ACQUISITION HOLDINGS III INC - TRANSACTION IS EXPECTED TO RESULT IN OVER $375 MILLION OF CASH ON COMBINED CO’S BALANCE SHEET

Source text () Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2141623621"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2141623621\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2141623621?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-07 18:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2141623621","market":"us","top_or_hot":-1,"title":"BRIEF-Dave Announces Plans To Become Publicly Traded Company Via Merger With VPC Impact Acquisition Holdings III","media":"Reuters","content":"<html><body><p>June 7 (Reuters) - <a href=\"https://laohu8.com/S/VIHU\">VPC Impact Acquisition Holdings</a> III Inc</p><p> :</p><p>   * DAVE, A LEADING BANKING APP WITH 10 MILLION CUSTOMERS, ANNOUNCES PLANS TO BECOME PUBLICLY TRADED COMPANY VIA MERGER WITH VPC IMPACT ACQUISITION HOLDINGS III</p><p>   * VPC IMPACT ACQUISITION HOLDINGS III INC - TRANSACTION ASSIGNS DAVE AN EXPECTED PRO FORMA, FULLY-DILUTED EQUITY VALUE OF APPROXIMATELY $4 BILLION</p><p>   * VPC IMPACT ACQUISITION HOLDINGS III - INSTITUTIONAL INVESTORS COMMITTED $210 MILLION IN A PIPE LED BY TIGER GLOBAL MANAGEMENT</p><p>   * VPC IMPACT ACQUISITION HOLDINGS III INC - COMBINED CO TO BE LISTED UNDER TICKER SYMBOL “DAVE\"</p><p>   * VPC IMPACT ACQUISITION HOLDINGS III INC - TRANSACTION IS EXPECTED TO RESULT IN OVER $375 MILLION OF CASH ON COMBINED CO’S BALANCE SHEET</p><p>Source text () Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Dave Announces Plans To Become Publicly Traded Company Via Merger With VPC Impact Acquisition Holdings III</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Dave Announces Plans To Become Publicly Traded Company Via Merger With VPC Impact Acquisition Holdings III\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-07 18:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>June 7 (Reuters) - <a href=\"https://laohu8.com/S/VIHU\">VPC Impact Acquisition Holdings</a> III Inc</p><p> :</p><p>   * DAVE, A LEADING BANKING APP WITH 10 MILLION CUSTOMERS, ANNOUNCES PLANS TO BECOME PUBLICLY TRADED COMPANY VIA MERGER WITH VPC IMPACT ACQUISITION HOLDINGS III</p><p>   * VPC IMPACT ACQUISITION HOLDINGS III INC - TRANSACTION ASSIGNS DAVE AN EXPECTED PRO FORMA, FULLY-DILUTED EQUITY VALUE OF APPROXIMATELY $4 BILLION</p><p>   * VPC IMPACT ACQUISITION HOLDINGS III - INSTITUTIONAL INVESTORS COMMITTED $210 MILLION IN A PIPE LED BY TIGER GLOBAL MANAGEMENT</p><p>   * VPC IMPACT ACQUISITION HOLDINGS III INC - COMBINED CO TO BE LISTED UNDER TICKER SYMBOL “DAVE\"</p><p>   * VPC IMPACT ACQUISITION HOLDINGS III INC - TRANSACTION IS EXPECTED TO RESULT IN OVER $375 MILLION OF CASH ON COMBINED CO’S BALANCE SHEET</p><p>Source text () Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VPCBU","symbol_name":"VPC Impact Acquisition Holdings II","start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2141623621","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2141623621","pubTimestamp":1623061483,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"June 7 (Reuters) - VPC Impact Acquisition Holdings III Inc :   * DAVE, A LEADING BANKING APP WITH 10","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VPCBU":"VPC Impact Acquisition Holdings II","VPCB":"VPC Impact Acquisition Holdings II","VPCC.U":"VPC Impact Acquisition Holdings III, Inc."},"translate_title":"Dave宣布计划通过与VPC Impact Acquisition Holdings III合并成为上市公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VIH":1,"VIHAU":1,"VIHAW":1,"VIHU":1,"VPCB":1,"VPCBU":1,"VPCC":1,"VPCC.U":1},"content_text":"June 7 (Reuters) - VPC Impact Acquisition Holdings III Inc :   * DAVE, A LEADING BANKING APP WITH 10 MILLION CUSTOMERS, ANNOUNCES PLANS TO BECOME PUBLICLY TRADED COMPANY VIA MERGER WITH VPC IMPACT ACQUISITION HOLDINGS III   * VPC IMPACT ACQUISITION HOLDINGS III INC - TRANSACTION ASSIGNS DAVE AN EXPECTED PRO FORMA, FULLY-DILUTED EQUITY VALUE OF APPROXIMATELY $4 BILLION   * VPC IMPACT ACQUISITION HOLDINGS III - INSTITUTIONAL INVESTORS COMMITTED $210 MILLION IN A PIPE LED BY TIGER GLOBAL MANAGEMENT   * VPC IMPACT ACQUISITION HOLDINGS III INC - COMBINED CO TO BE LISTED UNDER TICKER SYMBOL “DAVE\"   * VPC IMPACT ACQUISITION HOLDINGS III INC - TRANSACTION IS EXPECTED TO RESULT IN OVER $375 MILLION OF CASH ON COMBINED CO’S BALANCE SHEETSource text () Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}