The Growth for Good Acquisition Corp. announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GFGDU” Friday, December 10.
The new SPAC intends to seek opportunities with inclusive and environmentally sustainable companies with strong business fundamentals and high growth potential. The Growth for Good is led by CEO Yana Watson Kakar, President David Birnbaum, and CFO and COO Rahul Kakar.
Total SPAC deal count for 2021 year-to-date is now 585. This offering is expected to close on Tuesday, December 14.
Credit Suisse and Barclays are acting as the joint book-running managers of the offering. Latham & Watkins LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
At the SPAC of Dawn Dealmakers remain confident that AI is going to play a big role in their M&A processes, but feel unprepared for some the changes, according to a new survey of 225 corporate and 75 private equity transactions professionals. SS&C subsidiary Mergermarket generated the report that found more than half of respondents...
Trailblazer Merger I (NASDAQ:TBMC) has entered into a definitive agreement to combine with data intelligence firm Cyabra at an enterprise value of $70 million. Tel Aviv-based Cyabra provides tools to corporations and governments to identify fake accounts and combat social media disinformation. The combined company is expected to trade on the Nasdaq once the deal...
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At the SPAC of Dawn A new ripple is expected to come to the market today in the form of Ethereum spot ETFs after the SEC gave final approval to several yesterday. BlackRock, Fidelity, Bitwise, Franklin, and VanEck all received approval for their new funds and all but BlackRock plan to waive fees until they...
Maquia Capital (NASDAQ:MAQC) has entered into a definitive agreement to combine with AI infrastructure firm Velocium at a valuation of $445 million. Miami-based Velocium is developing data center processors designed to be particularly efficient for use by AI applications and Web 3.0. The combined company is expected to trade on the Nasdaq under the symbol...