DHC Acquisition Corp. to Take GloriFi Public via Business Combination

July 25, 2022

GloriFi, a mission-driven fintech platform offering financial products such as credit cards, digital banking, insurance, mortgages, and brokerage, entered into a definitive agreement to become publicly listed through a business combination with DHC Acquisition Corp. The transaction is expected to provide approximately $279 million in cash proceeds to GloriFi and is expected to close in the first quarter of 2023, subject to shareholder approvals and other customary conditions.

Buyers
DHC Acquisition Corp
Targets
GloriFi
Location
Texas, United States
Transaction Type
Buyout

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