Altimeter Growth 2 Upsizes IPO 75% to $350M

The SPAC in an amended filing now plans to offer 35 million units at $10 each to raise $350 million, up from the initial registration of 20 million units. The difference represents a 75 percent increase from the original filing earlier this month for a $200 million raise.

Altimeter 2 intends to focus on targets “in a secular-growth area of the technology sector that will compound growth over the long-term for exponential value creation.” Read more.

Total
0
Shares
Related Posts