The shares are listed on the London Stock Exchange

Davis Polk advised the joint global coordinators and the joint bookrunners in connection with the initial public offering of 15,000,000 Class A ordinary shares and 7,500,000 redeemable whole warrants of Financials Acquisition Corp for aggregate proceeds of £150 million. Each whole warrant entitles the holder to subscribe for one Class A ordinary share. 15,450,000 Class A ordinary shares and 7,500,000 whole warrants have been admitted to the standard listing segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange under the symbols “FINS” and “FNWR”, respectively. Admission occurred on 13 April 2022.

Financials Acquisition Corp is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands that has been established to focus on pursuing a business combination with a technology enabled company or business operating principally in, or adjacent to, the insurance or broader financial services industry.

The Davis Polk corporate team included partners Dan Hirschovits and Reuven B. Young and associates Jonathan Williamson and Francesco Mancuso. Partner Jonathan Cooklin and associate Freddie Schwier provided tax advice. Associate Mark Chalmers provided regulatory advice. All members of the Davis Polk team are based in the London office.

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