GoGreen Investments in an amended S-1 filing lowered its planned IPO deal size to 2o million units, down from the 25 million registered in June. A unit consists of one share and one-half of a redeemable warrant.
Citigroup and Credit Suisse are joint book-running managers. The underwriters have an over-allotment option to purchase up to 3 million additional shares.
GoGreen will target companies engaged in energy transition.
The SPAC is led by CEO and Chairman John Dowd, who currently serves as treasurer to the board of directors at the Commonwealth School in Boston and is co-chair of InCommon, the school’s diversity, equity and inclusion initiative.
The SPAC has applied to list on the NYSE under GOGN.U. Read more.