Hamilton Lane Alliance Holdings I registered an additional 4 million units priced at $10 each to upsize its IPO 20 percent to $240 million. The SPAC originally planned a $200 million raise.
While not identifying any specific sectors to target, the SPAC in filings has said it intends to avoid companies in highly cyclical sectors such as upstream and midstream energy, commodities or real estate.
The SPAC is led by is led by Chairman Hartley Rogers, a managing director at Pennsylvania-based Hamilton Lane Advisors.
Shares start trading today on the Nasdaq under HLAHU. Read more.
