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Altimeter Growth Corp. 2 Priced, NYSE: AGCB

Second blank check company formed by Altimeter Capital targeting the tech sector (liquidated).

Industry: SPAC

Latest Trade: $10.11 0.00 (0.0%)

First Day Return: +32.5%

Return from IPO: +1.1%

Industry: SPAC

Altimeter Growth Corp. 2 is a newly formed blank check company. Our sponsor is an affiliate of Altimeter Capital Management, a technology-focused investment firm based in Menlo Park, CA and Boston, MA. Brad Gerstner, our Chief Executive Officer, is the founder and CEO of Altimeter. Our objective is to identify, acquire, and operate a business in a secular-growth area of the technology sector that will compound growth over the long-term for exponential value creation, though we reserve the right to pursue an acquisition opportunity in any business or industry. Our business strategy consists of identifying and completing a business combination with a future market leading company to create long-term value for our shareholders. We believe our investment team’s prior experience and track record of investing in public and private technology companies, along with our rigorous bottoms-up research approach, are differentiated and will enable us to successfully identify and execute an initial business combination. We will leverage Altimeter’s extensive network of relationships, ranging from senior management teams at public and private companies to world-class investment partners and advisors, to assist in the identification of potential targets for the initial business combination.
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IPO Data
IPO File Date 12/17/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 40.0
Deal Size ($mm) $400
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/06/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 40.0
Deal Size ($mm) $400
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Goldman Sachs
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Company Data
Headquarters Menlo Park, CA, United States
Founded 2020
Employees 2
Website www.altimeter.com

Altimeter Growth Corp. 2 (AGCB) Performance