Pagaya Technologies Announces Upsized $350 Million PIPE to Further Accelerate Growth

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Jan 11, 2022

Pagaya Technologies Ltd. (“Pagaya”), a B2B2C financial technology company enabling its financial services partners to serve more customers through its artificial intelligence partner network, today announced an upsized $350 million fully committed common equity PIPE. The PIPE will further support Pagaya’s business plan upon the close of its pending business combination with EJF Acquisition Corp. (NASDAQ: EJFA, EJFAU, EJFAW), previously announced+in+September+2021.