Altimeter Growth Corp. announced the pricing of its $450 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “AGCUU” tomorrow, Thursday, October 1st.
This new company aims to combine with a technology target that has a large addressable market and strong unit economics. It is led by Chairman, CEO and President Brad Gerstner and General Counsel and Director Hab Siam.
Total SPAC deal count for 2020 year-to-date is now 117 with $44.4 billion in gross proceeds raised. This offering is expected to close on Monday, October 5.
Citigroup Global Markets Inc., Goldman Sachs & Co., LLC, and Morgan Stanley & Co. LLC are acting as book-running managers in the offering. Ropes & Gray LLP serve as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC, serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
Axiom Intelligence Acquisition Corp. 1 (NASDAQ:AXINU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AXINU”, Wednesday, June 18, 2025. The new SPAC plans to combine a European infrastructure target company potentially in the energy, digitization or transportation spheres. Axiom 1’s management...
Solarius Capital (NASDAQ:INACU) has filed for a $150 million IPO to seek out a financial services target with a team making its first step into SPACs. The new SPAC is offering investors a 1/2 warrant in each unit and it will overfund its trust to 100.5% with $10.05 per unit in the trust account from...
At the SPAC of Dawn Today is a major day of economic indicators with eight different reads on retail sales, import prices, industrial production, as well as both business inventories and home builder confidence index rolling in through the morning. All of this is to come ahead of a Fed interest rate decision tomorrow. This...
Indigo (NASDAQ:INACU) has filed for a $100 million SPAC to take a first-time team on a broad search for a target as 2025 SPACs hit a key milestone. The new SPAC is to sell units containing one right to a 1/10 share in each with no overfunding of its trust. Shareholders are slated to get...
At the SPAC of Dawn SPAC votes are to heat up in a shortened week that is to see markets closed on Thursday. Teams have nonetheless put seven votes on the docket for the four days that business is in session. Only one of these is a vote to complete a business combination, which is...