Ivanhoe Capital Acquisition in a preliminary prospectus registered to offer 20 million units at $10 each to raise $200 million in an IPO.
The SPAC is focused on energy transition — companies shifting from fossil fuels to electrification and other energy solutions. Ivanhoe is particularly targeting companies involved in mining, processing or refining the metals used in battery systems.
Ivanhoe Capital intends to list on the NYSE under IVAN.U. Read more.