|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||14.95 - 16.07|
|52 Week Range||9.60 - 19.57|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Paysafe Completes Business Combination with Foley Trasimene Acquisition Corp. II
For his second "Executive Decision" segment, Jim Cramer spoke with Bill Foley, founder and chairman of Foley Trasimene Acquisition Corp. II , the SPAC behind the coming Paysafe deal. Foley said Paysafe is set to begin trading Tuesday and he and his team are very excited for the fintech company's prospects. Foley's companies are at the heart of North American gaming, and he said he has high demands for the management team at Paysafe to grow and expand their gross margins.
Foley Trasimene Acquisition Corp. II (NYSE: BFT, BFT WS) ("Foley Trasimene"), a special purpose acquisition company, announced that at the special meeting of Foley Trasimene stockholders (the "Special Meeting") held today, Foley Trasimene’s stockholders voted in favor of the proposed business combination (the "Business Combination") with Paysafe Group Holdings Limited ("Paysafe"). The completion of the Business Combination is expected to occur on Tuesday, March 30, 2021, subject to the satisfaction or waiver of customary closing conditions. Following the completion of the Business Combination, the newly combined company will operate as Paysafe and trade on the New York Stock Exchange (NYSE) under the symbol "PSFE" and is expected to start trading on Wednesday, March 31.