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.