FinTech Evolution Acquisition Group
Cash in trust
$275.9M
$275,925,727
Trust per share
—
Redemption value
IPO
Mar 2021
—
Combination deadline
—
Not disclosed
Filings on record
59
Latest Oct 10, 2024
Overview
FinTech Evolution Acquisition Group is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001839569. It completed its initial public offering in Mar 2021. The vehicle is sponsored by Fintech Evolution through Fintech Evolution Sponsor LLC. The mandate targets technology, financial services. Deadline lapsed without a deal; trust returned to public shareholders.
“we intend to focus our efforts on Financial Technology and technology -enabled services (“FinTech”) businesses that offer specific technology solutions, broader technology software, or services/products to the Financial Services industry.”
Reading the filings
Arithmetic on what FinTech Evolution Acquisition Group has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Underwriting
UBS led the offering. It has been named on 38 SPAC IPOs, book-running 35 of them, and 21.2% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
SEC filing history
Free tier: filings older than 24 hours- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0001085146-24-004782
- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0001085146-24-003324
- SC 13G
Beneficial ownership report (passive)
Accession 0001085146-23-004619
- SC 13G/A
FTEV 13G/A
Accession 0001604488-23-000100
- 15-12G
Deregistration of securities
Accession 0001213900-23-022487
- 25-NSE
Notification of delisting
Accession 0000876661-23-000222
- SC 13G
Beneficial ownership report (passive)
Accession 0001604488-23-000084
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001213900-23-014412
- SC 13G/A
SC 13G/A
Accession 0001104659-23-021837
- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0001076809-23-000087
- SC 13G/A
SC 13G/A
Accession 0001104659-23-020794
- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0001315863-23-000247
- 8-K
Notice of delisting or failure to satisfy a listing rule
Item 3.01 · Accession 0001213900-23-006965
- 25-NSE
Notification of delisting
Accession 0000876661-23-000034
- 10-Q
Quarterly report
Accession 0001213900-22-070702
- 10-Q
Quarterly report
Accession 0001213900-22-044805
- 10-Q
Quarterly report
Accession 0001213900-22-027261
- 10-K
Annual report
Accession 0001213900-22-017248
- NT 10-K
Late annual report notification
Accession 0001213900-22-017128
- SC 13G
Beneficial ownership report (passive)
Accession 0001076809-22-000062
- SC 13G
Beneficial ownership report (passive)
Accession 0001213900-22-007359
- SC 13G
Beneficial ownership report (passive)
Accession 0001193125-22-039733
- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0001104659-22-021121
- SC 13G
Beneficial ownership report (passive)
Accession 0001104659-22-009526
- 8-K
Current report
Item 4.02 · Accession 0001213900-21-060846
- 10-Q
Quarterly report
Accession 0001213900-21-060675
- NT 10-Q
Late quarterly report notification
Accession 0001213900-21-059832
- 10-Q
Quarterly report
Accession 0001213900-21-042565
- 10-Q
Quarterly report
Accession 0001213900-21-037114
- 8-K
Notice of delisting or failure to satisfy a listing rule; Other events
Items 3.01, 8.01, 9.01 · Accession 0001213900-21-030604
FinTech Evolution Acquisition Group: questions answered
What is FinTech Evolution Acquisition Group?
FinTech Evolution Acquisition Group is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001839569. It completed its initial public offering in Mar 2021. The vehicle is sponsored by Fintech Evolution through Fintech Evolution Sponsor LLC. The mandate targets technology, financial services. Deadline lapsed without a deal; trust returned to public shareholders.
How much does FinTech Evolution Acquisition Group hold in trust?
Approximately $275,925,727, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must FinTech Evolution Acquisition Group complete a merger?
No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.
What happens if FinTech Evolution Acquisition Group does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in FinTech Evolution Acquisition Group, and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
Is the trust value the same as the share price for FinTech Evolution Acquisition Group?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
How much dilution do FinTech Evolution Acquisition Group's founder shares and warrants create?
Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.
Who sponsors FinTech Evolution Acquisition Group, and what is their track record?
Fintech Evolution Sponsor LLC is the sponsor entity, part of the Fintech Evolution franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Rohit Bhagat.
Which banks underwrote the FinTech Evolution Acquisition Group IPO?
UBS. UBS was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is FinTech Evolution Acquisition Group a good investment?
That is not a question this site answers. FinTech Evolution Acquisition Group is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this FinTech Evolution Acquisition Group data come from?
Filings FinTech Evolution Acquisition Group submitted to the SEC under CIK 0001839569: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Sep 4, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Fintech Evolution: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
UBS in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Technology SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All liquidated spacs
Deadline lapsed without a deal; trust returned to public shareholders.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.