Rocket Internet Growth Opportunities Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “RKTA.U”, Tuesday, March 23.
The new company aims to combine with a technology target with a market-leading portfolio of products or services and compelling growth prospects. Rocket Internet Growth Opportunities Corp. is led by Chairman Oliver Samwer, CFO Soheil Mirpour and CFO Donald E. Stalter Jr.
Total SPAC deal count for 2021 year-to-date is now 287. This offering is expected to close on Thursday, March 25.
Citigroup Global Markets Inc. is serving as the sole book-running manager for the offering. Sullivan & Cromwell LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending August 15, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. The SPAC market had a little bit of everything this week: two new SPAC IPOs priced, one combination announcement hit the tape, and eight new...
AI Infrastructure (NASDAQ:AIIAU) has filed for a $100 million IPO to be the latest crossover of a team from being a SPAC target to a SPAC sponsor. This SPAC offers investors one right to a 1/5 share in each unit and a potential first redemption opportunity at 18 months. The SPAC may automatically extend this...
At the SPAC of Dawn This week has been partially defined by market reactions to the core PPI inflation numbers that came out yesterday, but today’s session will receive fresh inputs on US retail, manufacturing and industrial production figures. SPACs also have to contend with public market reactions to new issuance that has not been...
Viking Acquisition Corp. I (NASDAQ:VACIU) has filed for a $200 million SPAC with strong terms led by international Deutsche Bank alumni. We are only halfway through the month of August, but teams have already filed S-1s for 12 new SPACs, matching July’s total. Cohen & Company has largely been the engine for this surge as...
Bleichroeder I (NASDAQ:BACQ) has entered into a definitive agreement to combine with defense contractor Merlin Labs at a pro forma enterprise value of $1 billion. Merlin is developing the technology for autonomously piloting aircraft in defense and civil applications. The combined company is expected to trade on the Nasdaq once the deal is completed in...