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Friday, December 9, 2022

Equity Corporate Actions Alert #2022 - 423
(UPDATED: FInalized info) Information regarding the redemption of JOFF Fintech Acquisition Corp (JOFF/W/U)

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  • Industry Announcement

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On December 14, 2022, the shareholders of JOFF Fintech Acquisition Corp (JOFF/W/U) approved the redemption of the company's public shares and not move forward with a business combination. The redemption will be effective as of the close of business on December 14, 2022 and the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: JOFF Fintech Acquisition Corp Class A Common Stock
CUSIP#: 46592C100
Symbol: JOFF
Last Trading Date: December 14, 2022
Marketplace Effective Date for Suspension: December 15, 2022
Redemption rate: $10.10 per Class A Common Stock
Company Name & Issue Type: JOFF Fintech Acquisition Corp. Warrant
CUSIP#: 46592C118
Symbol: JOFFW
Last Trading Date: December 14, 2022
Marketplace Effective Date for Suspension: December 15, 2022
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: JOFF Fintech Acquisition Corp. Unit
CUSIP#: 46592C209
Symbol: JOFFU
Last Trading Date: December 14, 2022
Marketplace Effective Date for Suspension: December 15, 2022
Redemption rate: $10.10 per Class A Common Stock

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