CF Acquisition Corp. VIII was a special purpose acquisition company (SPAC) formed by Cantor Fitzgerald to identify and complete a merger, share exchange, asset acquisition, or similar business combination with an operating company. As a SPAC, it did not have significant operating activities, products, or services of its own before completing a transaction.
The company entered into a business combination agreement with XBP Europe Holdings, Inc., an international provider of business-process automation and transaction-processing services. XBP Europe’s activities include automating workflows involving invoices, payments, documents, and other business processes for customers in industries such as banking, insurance, healthcare, utilities, and the public sector, primarily across European markets.
The transaction was completed in 2023, after which the combined business operated as XBP Europe Holdings, Inc. CF Acquisition Corp. VIII was sponsored by an affiliate of Cantor Fitzgerald and was led by Cantor Fitzgerald chairman and chief executive officer Howard W. Lutnick. CFFEW represented warrants associated with the company’s securities.
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