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FinTech Acquisition Corp. IV

FTIV · Nasdaq

Trust settledPerella Weinberg Partners · Finished

NO ACTION REQUIRED

Nothing left to do

The purchase completed and the shares became shares in the company it bought. There is no deadline left to miss.

Cash at settlement

no closing figure

No cash-per-share figure was filed for this vehicle before it finished.

Last close

no quote on file

Daily close

Nothing left to claim

this vehicle finished

There is nothing to hand back: holders who wanted cash elected it at the vote, and the rest became shares in the buyer.

Read what happened to the cash

The floor

Trust settled

This SPAC has finished — its trust was paid out or used to close the deal, so there is nothing left to redeem

Read the reasoning behind this verdict

No price history on file yet — daily closes accumulate from the market data feed.

Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.

SpacBrain’s read

Trust settled

The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

In plain terms

What it is
A SPAC from Cohen Circle (Betsy Cohen), listed on Nasdaq in September 2020.
What it's doing now
It agreed to buy Perella Weinberg Partners, an independent financial and strategic advisory firm company. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
What you should know
This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.

At a glance

Where it stands
Closed (deSPAC)
The business it bought
Perella Weinberg Partners
Industry
Financials — independent financial and strategic advisory firm
Deal value
not stated in the filings we hold
Price vs cash at settlement
no live price on file
Cash in trust when it settled
not yet extracted into a snapshot — the filings below may state it
the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
IPO
25 September 2020
size not on file
Headquarters
767 FIFTH AVENUE, NEW YORK, NY, 10153
registered in Delaware
Lead underwriter
not extracted from the prospectus yet
Key officers
FASCITELLI ELIZABETH C (Director) · STEEL ROBERT K (Director) · Bednar Andrew (Chairman and CEO)
Listed securities
FTIV common
Cash held per sharenot filed for this window

This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.

Next date that mattersno dated event on file

Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.

Yield to redemption

Nothing left to redeem — no yield to compute.

This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.

What happened to the cash

The reasoning behind the verdict above, in the order the filings establish it.

  1. The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

What has happened, and what is coming

1 dated milestone

Every dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.

  1. 25 September 2020IPOpassed

    IPO size not on file

The deal

terms as filed

What it is buying, on what terms, and how much of the combined company new shares take from you.

The score

deterministic, from filed fields

FTIV is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.

Asymmetric return scoreNeither a price nor a cash-per-share figure is on file for this vehicle, and the score is a ratio between the two. Nothing is estimated to fill the gap.

The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.

See the names that are scored, and how

The company

from SEC filings
Read the full profile

FinTech Acquisition Corp. IV was a blank-check company whose common stock traded on the Nasdaq Stock Market under the ticker FTIV, classified under SEC SIC industry code 6199 for Finance Services. The company priced its initial public offering on September 25, 2020, under SEC file number 333-248664, with the pricing prospectus filed as 424B4 accession 0001213900-20-028485 under S-1 accession 0001213900-20-025629, a registration of shares sold for cash. The FTIV ticker appears on the cover page of a 10-Q filed May 24, 2021 (accession 0001213900-21-028547). The vehicle is closed, having completed a business combination evidenced by an 8-K filed June 30, 2021 (accession 0001193125-21-204696) reporting a change in shell company status under item 5.06, after which it no longer files under its original registration.

Material findings

from the full read of every filing

Every document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.

  • S-422 July 20220001628280-22-019278opens on sec.gov in a new tab

    The consent solicitation is the lever, not the offer. Warrant holders are asked to amend the warrant agreement dated September 24, 2020, as amended November 10, 2021, so the company may force every remaining warrant, private placement warrants included, into 0.18 shares — a ratio the filing states is 10% below the offer's. The amendment needs holders of at least 65% of the public warrants; a tender and support agreement already commits approximately 45.9%, leaving approximately 19.1% to find. The offer has no minimum tender condition, and up to 1,573,995 shares are offered for all warrants.

  • DEFM14A27 May 20210001193125-21-175488opens on sec.gov in a new tab

    Voting power sits in a class that can lose it: Professional Partners receives Class B-1 common stock carrying 10 votes per share, but only for so long as it or its limited partners as of the closing keep direct or indirect ownership of at least 10% of PWP OpCo's issued and outstanding Class A partnership units — below that threshold the Class B-1 drops to one vote per share. Existing investor limited partners receive Class B-2 stock with one vote. The cash FTIV contributes is its excess cash including PIPE proceeds, net of redemptions and its transaction costs.

  • PREM14A5 February 20210001193125-21-030824opens on sec.gov in a new tab

    Two features outlast the closing. Professional Partners receives Class B-1 common stock carrying 10 votes per share, falling to one vote only once it and its limited partners drop below 10% of PWP OpCo's Class A partnership units, so voting control sits with the sellers. And a Tax Receivable Agreement commits the company to pay ILPs and certain Partners 85% of the cash tax savings it realises from exchanges of PWP OpCo interests, retaining 15%. The stated $719,852,385 transaction value assumes maximum redemptions, in which case no cash consideration is paid to PWP OpCo's equity owners.

Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

Show the other 10 filings
  • 1445 August 20260001950047-26-007665opens on sec.gov in a new tab
  • SCHEDULE 13G3 August 20260000930413-26-002334opens on sec.gov in a new tab
  • SCHEDULE 13G3 August 20260000930413-26-002340opens on sec.gov in a new tab
  • SCHEDULE 13G3 August 20260000930413-26-002339opens on sec.gov in a new tab
  • 8-K31 July 20260001777835-26-000072opens on sec.gov in a new tab

    What changed: 8-K of Perella Weinberg Partners. Item 2.02 (results of operations and financial condition): on July 31, 2026 the Company issued a press release announcing its financial results for the second quarter ended June 30, 2026, attached as Exhibit 99.1. The report states the release may contain hypertext links to the Company's website and that website information is not incorporated by reference and is not part of the report. The Item 2.02 information and Exhibit 99.1 are furnished and not deemed filed for Section 18 purposes. Signed by CFO and COO Alexandra Gottschalk. Why it matters: Routine quarterly earnings furnishing; the report states no figure. Its forward-looking legend says the statements concern, among other things, the share repurchase program, but no repurchase program is described anywhere in this report, so that clause is carried-forward boilerplate rather than a disclosure made here.

  • 10-Q31 July 20260001777835-26-000074opens on sec.gov in a new tab

    What changed: Perella Weinberg Partners, which consummated its business combination with FinTech Acquisition Corp. IV on June 24, 2021 under a Business Combination Agreement dated December 29, 2020, filed its Q2 2026 10-Q. Class B common stock outstanding fell to 20,018,315 at June 30, 2026 from 22,139,506 at December 31, 2025; at December 31, 2025 Class A stood at 81,308,801 issued and 66,739,647 outstanding. Liquidity comes from cash balances, operating cash flow and the Revolving Credit Facility, with cash uses including Class A repurchases and tax receivable agreement payments. Why it matters: No trust or redemption remains — this is ordinary reporting at a de-SPAC that closed in 2021. The structural point for a former FTIV holder is the up-C mechanics still running: Class B units keep converting or being cash-settled into the public class, and the company is simultaneously repurchasing Class A and making tax receivable agreement payments. Those TRA payments are a cash claim created by the SPAC deal structure itself and they compete directly with the buyback for the same operating cash.

  • SCHEDULE 13G31 July 20260002100119-26-001445opens on sec.gov in a new tab
  • 416 June 20260001777835-26-000065opens on sec.gov in a new tab
  • 14412 June 20260001950047-26-005994opens on sec.gov in a new tab
  • 429 May 20260001777835-26-000059opens on sec.gov in a new tab

The record

The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.

Show the reference detail

Unit structure

Cash in trust at IPOnot extracted from the prospectus

from 424B3 0001628280-22-022908

Trading & liquidity

Average daily volume (20d)no volume reported on the bars we hold
Average daily $ volumeneeds both volume and a live price
Range over the bars heldnot enough price history
Total cash in trustthe trust total is not in the last XBRL stamp

Company profile

Industry (SIC)Finance Services (6199)
Registered inDelaware
Exchange · CIKNasdaq · 0001777835

All filings on EDGARopens on sec.gov in a new tab

Directors & officers

Institutional holders

from SC 13G/13D

Funds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.

Show the declared stakes

14 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.

One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.

News

company wires and the financial press

Reporting we have matched to this ticker. Headlines belong to the outlets that wrote them.

Show the headlines

Sources on file

harvested pages, kept in full

Every public page we have read about this company, stored in full so a source can never go missing.

Show the sources

36 full SEC filing texts archived — searchable, never lost.

In plain English

tap a term to open it

Every piece of jargon this page could have used, and what it actually means.

Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected

A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.

Redemption deadlinethe last day to hand shares back for cash

Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.

Broker action datethe day your broker needs the instruction — earlier than the official date

Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.

Cash in trust / trust per sharethe cash the company is holding for each public share

Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.

Trust discountbuying below the cash held for you

Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.

Dilutionhow much of the company new shares take from you

Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.

Pro-forma equitywhat the company is valued at once the deal closes

The combined company's equity value assuming the announced terms and the redemptions that have actually happened.

ARShow much upside you get per unit of downside

SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.

De-SPACthe day the SPAC becomes the real company

The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.

Outside datethe contractual long-stop for closing the deal

A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.

Accession numberthe SEC's unique id for one filing

Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.

Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since

A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.

Ask the brain

from its filings
Data provenance & audit trail5 internal entries

Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.

FTIV — company record
UNIVERSE-IPO-INDEX2026-08-17

admitted from EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 6199 (Finance Services). The screen found it by filing SHAPE instead — S-1 2020-09-08 → 8-A12B 2020-09-24 → 424B4 2020-09-25 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 6199 + self-described blank check in 424B4 0001213900-20-028485; 424B 0001213900-20-028485 priced 2020-09-25 under S-1 0001213900-20-025629 (file 333-248664, an offering for cash); common ticker FTIV off 10-Q 0001213900-21-028547 (2021-05-24); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-248664, which belongs to S-1 0001213900-20-025629 (2020-09-08) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2020-09-25). Ending PROVEN, not inferred: CLOSED per 8-K 0001193125-21-204696 (2021-06-30) — 8-K item 5.06 "Change in Shell Company Status" (EDGAR item index, items: 1.01,2.01,2.03,3.02,5.01,5.02,5.06,7.01,9.01). EDGAR now files this CIK as "Perella Weinberg Partners" — the SPAC's own name is kept here and the successor is the target. ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.

SPONSOR-ID2026-08-14

sponsor "Cohen Sponsor Interests IV, LLC" (SEC CIK 0001777829) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-20-029608.

Deal — Perella Weinberg Partners
UNTAGGED

[CLOSED-RENAME] EDGAR CIK 0001777835 records "FinTech Acquisition Corp. IV" ending 2021-06-23; the registrant continues as "Perella Weinberg Partners". The rename is the SEC's own record of what the vehicle became, keyed by CIK. Closed 2021-06-23. No deal value is set — a rename says what was acquired, never for how much. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists.

PROFILE-STUB2026-08-25

entity created from the filed target name; no About paragraph on file, so every other field awaits a sourced read

SEGMENT-FROM-FILING2022-07-22

OTHER confirmed, on S-4 0001628280-22-019278: "We are a leading global independent advisory firm that provides strategic and financial advice to clients across a range of the most active industry sectors and"

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