Jaguar Global Growth I closed its initial public offering of 23 million units, including 3 million units issued pursuant to the full exercise of the underwriters’ overallotment option, at a price of $10 each. The units list on the Nasdaq 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 be listed under the symbols JGGC, JGGCR, and JGGCW, respectively.
Jaguar Global is a partnership between Jaguar Growth Partners Group and Hennessy Capital Group. The SPAC intends to focus 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 and Barclays served as joint book-running managers of the offering. Read more.
