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PMGM

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Priveterra Acquisition Corp

11.05
0.00 (0.00%)
Last Update: 26 Jul 2024 16:30:00
Yesterday: 11.05
Day's Range: 11.05 - 11.05
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When Written:
 
10.16
Priveterra Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses. The company was founded in 2020 by a team of experienced investors and executives, including Michael Klein, who is the founder and CEO of Churchill Capital Corp.

The company raised $250 million in its initial public offering (IPO) in December 2020 and is listed on the NASDAQ under the ticker symbol "PVT".

As a SPAC, Priveterra Acquisition Corp has a limited time frame to identify and complete a merger or acquisition, typically within two years of its IPO. Once a target company is identified, the shareholders of Priveterra will have the opportunity to vote on the proposed transaction.

Overall, Priveterra Acquisition Corp is a relatively new company with a focus on acquiring or merging with businesses in a variety of industries.

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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