NEW YORK--(BUSINESS WIRE)--Far Point Acquisition Corporation (NYSE: FPAC.U) announced today that it closed its initial public offering of 63,250,000 units, including 8,250,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in an aggregate price to public of $632,500,000. Each unit issued in the initial public offering consists of one share of the Company's Class A common stock and one-third of one warrant. Each whole warrant is exercisable to purchase one share of the Company’s Class A common stock at a price of $11.50 per share. On June 12, 2018, the units began trading on the New York Stock Exchange (“NYSE”) under the symbol “FPAC.U”. Once the securities comprising the units begin separate trading, the Class A common stock and warrants will be traded on the NYSE under the symbols “FPAC” and “FPAC WS”, respectively.