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L Catterton Asia Acquisition Corp
14.5
+1.0 (+7.40%)
Last Update: 23 Feb 2024 02:15:00
Yesterday: 13.51
Day's Range: 0. - 0.
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When Written:
10.23
L Catterton Asia Acquisition Corp is a special purpose acquisition company (SPAC) that was formed by L Catterton, a global consumer-focused private equity firm, and investment bank The Raine Group. The company was established in 2020 and raised $500 million in its initial public offering (IPO) on the Nasdaq stock exchange.
The purpose of L Catterton Asia Acquisition Corp is to acquire a company in the consumer sector in Asia, with a focus on China, India, Southeast Asia, and Korea. The company aims to identify a business that has a strong brand, a proven track record of growth, and the potential to expand in the Asian market.
L Catterton Asia Acquisition Corp is led by Managing Directors Scott Chen and Ravi Thakran, who have extensive experience in the consumer and retail industries in Asia. The company is backed by L Catterton's global network of consumer-focused investment professionals, as well as The Raine Group's expertise in mergers and acquisitions.
Once L Catterton Asia Acquisition Corp identifies a suitable acquisition target, it will use the funds raised from its IPO to complete the transaction. The company has a two-year window to identify and complete an acquisition, after which any remaining funds will be returned to investors.
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.
The purpose of L Catterton Asia Acquisition Corp is to acquire a company in the consumer sector in Asia, with a focus on China, India, Southeast Asia, and Korea. The company aims to identify a business that has a strong brand, a proven track record of growth, and the potential to expand in the Asian market.
L Catterton Asia Acquisition Corp is led by Managing Directors Scott Chen and Ravi Thakran, who have extensive experience in the consumer and retail industries in Asia. The company is backed by L Catterton's global network of consumer-focused investment professionals, as well as The Raine Group's expertise in mergers and acquisitions.
Once L Catterton Asia Acquisition Corp identifies a suitable acquisition target, it will use the funds raised from its IPO to complete the transaction. The company has a two-year window to identify and complete an acquisition, after which any remaining funds will be returned to investors.
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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