TradeStation group, a company whose subsidiaries provide self-clearing online brokerage services, recently filed a registration for a proposed business combination with Quantum FinTech. The proposed reverse merger was previously announced on November 4, 2021; its anticipated closing date is expected in the first half of 2022, subject to regulatory approval. The value of the transaction implies a proforma enterprise value of $1.43B.
TradeStation Group, Inc. and Quantum FinTech Acquisition Corporation announce filing