Igniting Consumer Growth Acquisition registered to raise $200 million in an IPO of 20 million units, each priced at $10 and consisting of one share and one-half of a warrant.
The SPAC will target consumer-facing businesses.
Chairman and CEO Krishnan Anand was chief growth officer at Molson Coors from 2016 to 2019. Prior to that, he served as CEO of their international business for nearly seven years. He has also held executive roles at Unilever.
The company plans to apply for a listing on the Nasdaq under ICGCU. RBC Capital and Nomura are joint book-running managers of the offering. Read more.
