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Sunlight Financial Holdings Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Spartan Acquisition Corp II (NASDAQ: SPRQ), a blank-check company sponsored by an affiliate of Apollo Global Management, completed its initial public offering in 2020 targeting the fintech sector. On January 25, 2021, the company announced a definitive merger agreement with Sunlight Financial Holdings Inc., a technology-enabled point-of-sale financing platform focused on residential solar and home improvement loans. The transaction subsequently closed, giving Sunlight Financial a public listing and marking SPRQ's status as closed. The deal represented one of several SPAC transactions during the 2021 wave of renewable-energy-adjacent fintech combinations. Investors and analysts tracking closed SPAC mergers, deal timelines, and sponsor histories can access the full SPRQ and Sunlight Financial data set by signing up at SpacDesk.

Announced
2021-01-25
Closed
2021-07-15
PIPE Raised
$250–500M
Industry
Fintech

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
SPRQSpartan Acquisition Corp IIClosed2021-01-252021-07-15$345.0M$250.0MSpartan Acquisition Sponsor II LLC