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Lazard Growth Acquisition I Priced, Nasdaq: LGACU

Blank check company formed by Lazard targeting growth-oriented subsectors (liquidated).

Industry: SPAC

Latest Trade: $10.18 +0.32 (+3.2%)

First Day Return: +4.2%

Return from IPO: -1.4%

Industry: SPAC

Lazard Growth Acquisition I is a newly organized blank check company. Although we will not be limited to a particular industry or geographic region in our identification and acquisition of a target company, we believe the growth-oriented subsectors of the healthcare, technology, energy transition, financial and consumer sectors present particularly attractive investment opportunities. Lazard, founded in 1848 in New Orleans, is a preeminent international financial advisory and asset management firm that specializes in crafting solutions to the complex financial and strategic challenges of its clients. Lazard focuses primarily on two businesses, financial advisory and asset management, and serves a diverse set of clients around the world, including corporations, partnerships, institutions, governments and high-net-worth individuals. Lazard currently operates from 40 cities in key business and financial centers across 25 countries throughout North America, Europe, Asia, Australia and Central and South America. We believe we will be able to leverage Lazard’s proprietary network of relationships to help us source and consummate our initial business combination.
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IPO Data
IPO File Date 01/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 50.0
Deal Size ($mm) $500
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 50.0
Deal Size ($mm) $500
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 3
Website lazardltd.gcs-web.com/lgacu

Lazard Growth Acquisition I (LGACU) Performance