Glenfarne Merger today closed its $250 million IPO.
The SPAC is targeting businesses in the energy transition and electrification sector in the Americas.
The offering consisted of 25 milion units priced at $10 each.
Units trade on the Nasdaq under GGMCU. Each consists of one share of GGMC’s Class A common stock and one-third of one redeemable warrant; whole warrants exercisable at $11.50 upon completion of a business combination. Read more.
