Dragoneer Growth Opportunities III priced its IPO of 40 million units at $10 each.
The SPAC will target high-growth companies in software, internet, media, consumer/retail, healthcare IT and financial services/fintech sectors.
Dragoneer is led by Chairman Marc Stad, who also serves as founder, CEO, CIO and managing partner at Dragoneer Investment Group. Prior to founding Dragoneer, Stad was a partner and portfolio manager at the Investment Group of Santa Barbara. His first Dragoneer SPAC last month announced a $968 million business combination with CCC Information Services.
The SPAC trades on the Nasdaq under DGNU. Read more.
