Learn CW Investment priced its IPO of 20 million units, each consisting of one Class A ordinary share and one-half of a warrant.
Units begin trading today on the NYSE under LCW.U. After the securities begin separate trading, shares and warrants are expected to list under LCW and LCW.WS.
The SPAC plans to target businesses in the EdTech industries.
The underwriters’ over-allotment option covers the purchase of up to an additional 3 million units.
The offering is expected to close Oct. 13.
Evercore is sole book-running manager of the offering. Read more.
