LatAmGrowth SPAC priced its initial public offering of 13 million units at $10 each. The units list on the Nasdaq and begin trading today under the ticker symbol LATGU. Each consists of one Class A ordinary share and one-half of a warrant. When the securities begin separate trading, shares and warrants are expected to be listed under the symbols LATG and LATGW.
LatAmGrowth intends to focus its search on high-growth companies in Latin America, including Brazil, as well as businesses in the United States that cater to the Hispanic community.
BofA Securities and Banco BTG Pactual S.A. — Cayman Branch, are joint book-running managers of the offering. Read more.