GoGreen Investments priced its upsized IPO of 24 million units at $10 per unit, an increase of 4 million units in the SPAC’s amended registration last month. The SPAC’s initial registration in June was for 25 million warrants.
Units list on the NYSE and begin trading today under GOGN.U. Each consists of one Class A ordinary share and one-half of a warrant. Once the securities begin separate trading, shares and warrants are expected to list under GOGN and GOGN.WS.
The SPAC intends to focus on companies in the clean/renewable energy space.
Citigroup and Credit Suisse are joint book-running managers for the offering. The underwriters have an over-allotment option to purchase up to an additional 3.6 million units. Read more.