Jaguar Global Growth I priced its initial public offering of 20 million units at $10 each. Units will be listed on the Nasdaq and begin trading today under the ticker symbol JGGCU. Each consists of one Class A ordinary share, one right to receive one-twelfth of a share and one-half of a warrant.
Once the securities begin separate trading, shares, rights and warrants are expected to list under the symbols JGGC, JGGCR and JGGCW, respectively. The offering is expected to close Feb. 15.
Jaguar Global is a partnership between Jaguar Growth Partners Group and Hennessy Capital Group.
The SPAC intends to concentrate on high-quality international businesses in industries that complement the management team’s background, and businesses which provide innovation at the intersection of real estate and technology, or PropTech.
Citigroup Global Markets and Barclays Capital are joint book-running managers. Read more.
