Queen’s Gambit Growth Capital offered an additional 7.5 million units to upsize its IPO to $300 million. The amount is 33 percent greater than the planned $225 million raise registered with the SEC in December.
The new SPAC said it will focus on a target business that provides solutions promoting sustainable development, economic growth and prosperity.
Queen’s Gambit was formed by Colle Capital and Agility Logistics, and is led by CEO Victoria Grace, a founding partner of Colle Capital.
Units begin trading today on the Nasdaq under GMBT.U. Read more.
