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LATG

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Latamgrowth Spac

11.91
+0.01 (+0.08%)
Last Update: 16 Jan 2025 00:18:00
Yesterday: 11.9
Day's Range: 0. - 0.
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When Written:
 
10.47
A SPAC (Special Purpose Acquisition Company) is a shell company that raises money through an initial public offering (IPO) to acquire another company. The SPAC's goal is to identify a target company and merge with it, thereby taking it public without going through the traditional IPO process.

LatAmGrowth SPAC is a SPAC focused on acquiring a target company in Latin America. Its management team has experience in private equity, investment banking, and entrepreneurship in the region. The SPAC's IPO raised $200 million in October 2020, and it is currently seeking a target company to merge with. The SPAC's focus is on companies in sectors such as technology, healthcare, and consumer goods.

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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