Crescera Capital Acquisition priced its IPO of 17.5 million units, which began trading today on the Nasdaq under CRECU. Each consists of one Class A ordinary share and one-half of a warrant.
The offering is expected to close Nov. 23.
The SPAC intends to seek a business combination with a Latin American company not limited to a particular industry, sector or geographic region. Crescera’s sponsor is associated with the Brazilian asset management firm Crescera Capital.
UBS is sole book-running manager of the offering. EarlyBirdCapital is financial advisor on the deal. Read more.
