LGACU
Closed
Lazard Growth Acquisition Corp I
10.18
0.00 (0.00%)
Last Update: 02 Mar 2023 17:30:00
Yesterday: 10.18
Day's Range: 10.18 - 10.18
Send
sign up or login to leave a comment!
When Written:
10.18
Lazard Growth Acquisition Corp I is a special purpose acquisition company (SPAC) formed by Lazard Frères & Co. LLC, a global financial advisory and asset management firm. The company was formed in 2020 with the goal of acquiring a high-growth business in the technology, media, and telecommunications (TMT) sectors.
The company raised $500 million in its initial public offering (IPO) and began trading on the NASDAQ under the ticker symbol LGACU. The IPO consisted of 50 million units, each consisting of one share of common stock and one-third of a warrant to purchase an additional share of common stock.
As a SPAC, Lazard Growth Acquisition Corp I has a two-year window to identify and acquire a target company. If a target is not identified within this timeframe, the company will be liquidated and the funds returned to investors.
Lazard Frères & Co. LLC is a well-established financial advisory firm with a long history of successful mergers and acquisitions. The formation of Lazard Growth Acquisition Corp I is part of the firm's broader strategy to expand its offerings and capitalize on the growing demand for SPACs.
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 company raised $500 million in its initial public offering (IPO) and began trading on the NASDAQ under the ticker symbol LGACU. The IPO consisted of 50 million units, each consisting of one share of common stock and one-third of a warrant to purchase an additional share of common stock.
As a SPAC, Lazard Growth Acquisition Corp I has a two-year window to identify and acquire a target company. If a target is not identified within this timeframe, the company will be liquidated and the funds returned to investors.
Lazard Frères & Co. LLC is a well-established financial advisory firm with a long history of successful mergers and acquisitions. The formation of Lazard Growth Acquisition Corp I is part of the firm's broader strategy to expand its offerings and capitalize on the growing demand for SPACs.
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.
(0)
(0)
Send
sign up or login to leave a comment!!