Singapore sovereign wealth fund GIC has planned an additional $200 million investment with Cantor Fitzgerald’s SPAC CF Finance Acquisition Corp. II and View Inc. in a private investment in public equity issuance (PIPE).
The fresh capital from GIC grows the PIPE investment vehicle from $300 million to $500 million.
The SPAC and View, a Silicon Valley-based smart window company agreed on a merger at the end of November 2020. The transaction now is expected to provide up to $1 billion in grow proceeds to investors with the combined company being called View Inc . . .
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