Itiquira Acquisition offered 20 million units at $10 each to raise $200 million.
Units begin trading today on the Nasdaq under ITQRU.
The new SPAC is targeting non-cyclical businesses based in Brazil.
CEO and chairman Paulo Carvalho de Gouvea is based in Brazil and has an extensive track-record in investing and managing companies in the country. He has invested in, for, with or alongside Brazilian companies such as XP Inc., MMX, Eneva and Rede D’Or São Luiz. Read more.
