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LDH Growth I Priced, Nasdaq: LDHAU

Second blank check company formed by SoftBank targeting technology-enabled sectors (liquidated).

Industry: SPAC

Latest Trade: $10.20 +0.40 (+4.1%)

First Day Return: +1.7%

Return from IPO: -2.0%

Industry: SPAC

We are a recently formed blank check company. We believe that we are now in the early years of a new stage of the information revolution, which will in time be viewed as being as significant a step forward in human history as the Industrial Revolution. The twin impacts of artificial intelligence and the global transition to the interconnection of everyday computing devices through the internet will, we believe, transform the world in which we live and fundamentally disrupt corporate business models for decades to come. Our sponsor is an affiliate and a wholly owned indirect subsidiary of SoftBank. Led by its Chairman and CEO, Masayoshi Son, SoftBank has transitioned from primarily being a Japanese telecoms operator into a global asset manager focused on achieving sustainable growth through opportunistic investments in the world’s leading technology companies. We intend to identify, acquire and manage a business in a technology-enabled sector where our management team has differentiated experience and insights. We intend to pursue opportunities with private, high-quality growth companies participating in the digital future of Latin American and Hispanic markets.
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IPO Data
IPO File Date 01/29/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/18/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
J.P. Morgan
Company Data
Headquarters Miami, FL, United States
Founded 2020
Employees 5
Website www.softbank.jp/en

LDH Growth I (LDHAU) Performance