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Levere Holdings Priced, Nasdaq: LVRAU

Blank check company formed by Goggo Network and auto-tech execs targeting the EMEA mobility sector (liquidated).

Industry: SPAC

Latest Trade: $10.21 -0.27 (-2.6%)

First Day Return: 0.0%

Return from IPO: +4.8%

Industry: SPAC

We are a newly incorporated blank check company. Our sponsor is Levere Holding GG Ltd. owned by Goggo Network GmbH and its Founders, Axel Springer SE, Jazzya Investments SL, Softbank Group Capital Limited, Martín Varsavsky and Yasmine Fage. Goggo Network is developing the legal and engineering framework for Europe, Middle East and Africa ("EMEA") autonomous mobility networks of the next decades. Goggo Network strives to lead the driverless revolution in order to solve the transportation challenges of today including heavy traffic and pollution. Goggo Network through our Sponsor will help support us in our acquisition target selection and combination strategy. We intend to focus on acquisition targets with a presence in EMEA, with high potential for EMEA entrance or those who would benefit from being deployed in EMEA to then expand to different regions. We will concentrate our efforts on companies who play a key role for the future of mobility, focusing on the development of autonomous driving, connected vehicles, mobility services and electric vehicles. Our management team will be led by Martín Varsavsky, as our Chairman and CEO, Yasmina Fage-Lana Andrea, as our COO, and Stefan Krause, as our CFO and CIO.
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
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 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Deutsche Bank
Company Data
Headquarters Grand Cayman, Cayman Islands
Founded 2021
Employees 3
Website goggo.network/index.html

Levere Holdings (LVRAU) Performance