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MoneyLion became a public company upon the closing of its merger transaction with Fusion Acquisition Corp. on September 22, 2021. Where is MoneyLion Inc. located? When is MoneyLion Inc.'s fiscal year end? Who is MoneyLion Inc.'s transfer agent?
What happened to MoneyLion?MoneyLion will receive $526 million in net proceeds. Fusion will be renamed MoneyLion and it will trade on the New York Stock Exchange once the merger is completed. News of the sale caused Fusion shares to shed more than 5%, or 63 cents, to close at $11.57 Friday.
What is MoneyLion's enterprise value?MoneyLion will have an enterprise value of $2.4 billion once its merger with a SPAC closes. MoneyLion is the latest fintech to go public through a blank-check company.
How much is MoneyLion worth?The equity value of MoneyLion jumps to $2.9 billion once $350 million from the SPAC and $250 million from the private investment are included, a statement said. MoneyLion will receive $526 million in net proceeds. Fusion will be renamed MoneyLion and it will trade on the New York Stock Exchange once the merger is completed.
