By Stephen Nakrosis
Shares of XBP Europe, which debuted on the Nasdaq on Thursday, were trading higher late in the day.
At 3:17 p.m. ET, the stock had gained 75% to trade at $28.95 a share.
On Wednesday, XBP and special purpose acquisition company CF Acquisition Corp. VIII said they completed their previously announced business combination, which would see shares of the combined company trade on the Nasdaq under the symbol XBP.
XBP Europe said it is a “pan-European integrator of bills and payments.”
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
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