FinServ Acquisition Corp. is a special purpose acquisition company formed for the purpose of acquiring or merging with one or more businesses or entities in the financial technology (“FinTech”) or financial services industries.
The company raised $250,000,000 in its initial public offering in November 2019 and is listed on the NASDAQ under the symbol “FSRV”.
On December 18, 2020, FinServ Acquisition Corp. and Katapult Holdings, Inc. jointly announced that they have entered into a definitive merger agreement valued at approximately $1 billion.
On June 9, 2021, FinServ Acquisition Corp. announced that they have closed their business combination with Katapult. The combined company now operates as Katapult Holdings, Inc. and the common shares and warrants will begin trading on the Nasdaq Stock Market under the ticker symbols “KPLT” and “KPLTW”, respectively, starting June 10, 2021.