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IG Acquisition Priced, Nasdaq: IGACU

Blank check company formed by the co-founders of Ivory Gaming Group targeting gaming and hospitality businesses.

Industry: SPAC

Latest Trade: $10.15 +0.06 (+0.6%)

First Day Return: -0.2%

Return from IPO: +0.9%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an acquisition in any business industry or sector, we intend to concentrate our efforts on identifying businesses in the leisure, gaming and hospitality industries with an enterprise value exceeding $750 million, with particular emphasis on businesses that are well-positioned for growth. In addition, we intend to capitalize on the ability of our management team to identify, acquire, and manage a business in the leisure, gaming and hospitality industries that can benefit from their experience and differentiated global network. Our business strategy is to utilize our management team’s extensive operational expertise and robust network of industry contacts, including C-suite executives, investors, investment bankers, operating partners, other financial firms, brokers and lenders to identify and acquire a target business within the leisure, gaming and hospitality industries and, after our initial business combination, implement an operating strategy with a view of creating exceptional value for our stockholders through growth, repositioning, operational improvements, capital infusion or future acquisitions.
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IPO News for IG Acquisition
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IPO Data
IPO File Date 09/08/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/30/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters New York, NY
Founded 2020
Employees 2