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Patria Latin American Opportunity Acquisition Priced, Nasdaq: PLAOU

Blank check company formed by Patria targeting Latin American businesses.

Industry: SPAC

Latest Trade: $11.20 +1.16 (+11.6%)

First Day Return: +0.4%

Return from IPO: +0.4%

Industry: SPAC

We are a blank check company newly incorporated as a Cayman Islands exempted company. Our sponsor is an affiliate of Patria, a leading global alternative asset manager. Given Patria’s investment capabilities and the expectation that our company will leverage on Patria’s capabilities, we believe our team has the required investment, operational, due diligence and capital raising resources to effect a business combination with an attractive target and to position it for long-term success in the public markets. While we may pursue an initial business combination target in any industry or sector, geography, or stage, we intend to focus our search in Latin America and in sectors where Patria has developed investment expertise (including but not limited to healthcare, food and beverage, logistics, agribusiness, education, and financial services). We will pursue an initial business combination with an established business with scale, attractive growth prospects, high-quality shareholders and management, and sustainable competitive advantages. We believe there is a large number of attractive businesses that would benefit from a public listing as well as from the operational and value creation expertise we bring.
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IPO Data
IPO File Date 03/19/2021
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 03/09/2022
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
J.P. Morgan
Citi
Company Data
Headquarters Grand Cayman, Cayman Islands
Founded 2021
Employees 2
Website www.patria.com

Patria Latin American Opportunity Acquisition (PLAOU) Performance