Lazard Growth Acquisition Corp. I announced the pricing of its $500 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “LGACU” Wednesday, February 10.
The new company aims to combine with a differentiated healthcare, technology, energy, financial or consumer business. Lazard I is led by Executive Chairman Alexander Stern, CEO Eyal Ofir, and CFO Mary Ann Deignan.
Total SPAC deal count for 2021 year-to-date is now 129 with $38.6 billion in gross proceeds raised. This offering is expected to close on Friday, February 12.
Goldman Sachs & Co. LLC is acting as the book-running managers for the offering. Cravath, Swaine & Moore LLP is serving as Issuer’s Counsel with Sullivan & Cromwell LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...
At the SPAC of Dawn The markets appear to poised to continue a rosy week with futures in the green in anticipation of PCE inflation readings. Space is one of the sectors feeling the most love recently and launch services firm Rocket Lab (NASDAQ:RKLB) is keeping up the momentum, scheduling two launches within 48 hours...
FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...
Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...
At the SPAC of Dawn As pressure on Fed Chairman Jerome Powell increases, the market is set to ingest a raft of new indicators today as well as hear from Cleveland Fed President Beth Hammack on the potential interest rate path. Today will also see June’s 8th SPAC IPO as Cantor Equity Partners III Inc....