SoftBank’s LDH Growth I Prices $200M IPO

LDH Growth I priced its IPO of 20 million units at $10 each.

Units start trading today on the Nasdaq under LDHA.U.

Each unit consists of one share of Class A common stock and one-fifth of a redeemable warrant. Each whole warrant entitles the holder to purchase one share at $11.50. Once the securities comprising the units begin separate trading, stock and warrants are expected to list on the Nasdaq under LDHA and LDHA.W, respectively. 

LDH Growth I is targeting technology companies in the Latin
American region. The SPAC is led by Marcelo Claure, the CEO of SoftBank Group International and COO of SoftBank Group. Read more.

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