MELI Kaszek Pioneer registered to offer 25 million shares at $10 each. There are no warrants.
The tech-focused SPAC will target companies operating in Latin America across commerce, financial services, logistics, healthcare, education, enterprise software and entertainment.
MELI Kaszek Pioneer’s sponsor is jointly-owned by MELI and Kaszek. MELI is the largest Latin American technology company by market capitalization and a regional leader in commerce and fintech, and Kaszek is the largest early-stage, technology focused venture capital manager in Latin America.
BofA Securities, Goldman Sachs, Allen & Company and J.P. Morgan are joint book-runners for the offering. The underwriters have an option to buy 3.75 million additional shares to cover over-allotments, if any.
The SPAC has applied for a Nasdaq listing under MEKA. Read more.
