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Corsair Partnering Corp, a blank check company formed by Corsair Capital targeting the financial and business services sectors, filed on Monday with the SEC to raise up to $350 million in an initial public offering. The New York, NY-based company plans to raise $350 million by offering 35 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The company may raise an additional $100 million at the closing of an acquisition pursuant to a forward purchase agreement with Corsair Capital. At the proposed deal size, Corsair Partnering Corp would command a market value of $370 million.
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