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IGAC

Closed

Ig Acquisition Corp

10.12
+0.01 (+0.10%)
Last Update: 20 Jan 2023 17:30:00
Yesterday: 10.115
Day's Range: 10.12 - 10.12
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When Written:
 
10.12
IG Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2020 with the goal of acquiring and merging with a private company to take it public. The company is led by CEO and Chairman Richard DeMartini, who has over 30 years of experience in the financial services industry.

IG Acquisition Corp raised $300 million in its initial public offering (IPO) in December 2020. The company's shares trade on the NASDAQ under the ticker symbol "IGACU." The company has not yet announced a target for its acquisition.

SPACs have become increasingly popular in recent years as a way for private companies to go public without going through the traditional IPO process. SPACs raise money from investors through an IPO and then use those funds to acquire a private company, which then becomes a publicly traded company.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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