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IGACW

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Ig Acquisition Corp

0.0018
+0.0002 (+12.50%)
Last Update: 11 Jan 2023 23:56:00
Yesterday: 0.0016
Day's Range: 0. - 0.
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IG Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2020 with the aim of acquiring one or more businesses in the technology, media, and telecommunications (TMT) sectors. The company is led by Chairman and CEO, Robert Konduru, and President and CFO, Jeffery D. Smith.

The company raised $300 million through an initial public offering (IPO) in November 2020, with the intention of using the funds to acquire a target company or companies. As of July 2021, IG Acquisition Corp has not announced any specific acquisition targets.

SPACs like IG Acquisition Corp are becoming increasingly popular as a way for companies to go public without going through the traditional IPO process. They raise funds through an IPO and then use the funds to acquire an existing company, which then becomes publicly traded through the SPAC.

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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