The Growth for Good Acquisition Corporation priced its initial public offering of 22 million units at $10 each. The units begin trading today on the Nasdaq under ticker symbol GFGDU.
The offering is expected to close Dec. 14.
Growth for Good team is supported by venture capitalists, public market executives and investors, and leaders with significant buy- and sell-side experience in the execution of mergers and transactions.
The SPAC will seek a merger target with strong business fundamentals, high growth potential, and a mission of positively impacting the environment and society.
Each unit consists of one share, one right and one-half of a redeemable warrant. Each right entitles the to one-sixteenth of a share upon the closing of a business combination.
Credit Suisse and Barclays are joint book-running managers of the offering. Read more.
