Levere Holdings priced its IPO of 25 million units at $10 each.
Units begin trading today on the Nasdaq under LVRAU.
The SPAC is sponsored by Goggo Network GmbH with the goal of combining with one or more businesses within the mobility industry (focusing on the development of autonomous driving, connected vehicles, mobility services and electric vehicles), with a presence in EMEA or high potential for an EMEA entrance or those who would benefit from being deployed in EMEA to then expand to different regions.
Each unit consists of one share of Class A common stock and one-third of a warrant, exercisable at $11.50. Once the securities comprising the units begin separate trading, shares and warrants are expected to list on the Nasdaq under LVRA and LVRAW, respectively. Read more.
