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Valor Latitude Acquisition Priced, Nasdaq: VLATU

Blank check company formed by Valor Capital Group targeting tech-enabled Latin American businesses.

Industry: SPAC

Latest Trade: $10.10 +0.10 (+1.0%)

First Day Return: +0.3%

Return from IPO: 0.0%

Industry: SPAC

Valor Latitude is a newly organized blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus our search for an initial business combination on technology-enabled Latin American companies seeking to become category-defining enterprises and those targeting or expected to pursue cross-border expansion. A number of sectors, ranging from financial services, health & wellness, education, e-commerce and logistics are undergoing rapid, technology-led disruption and consolidation. Many of the trends driving disruption in Latin America have been witnessed in the US, and are more powerful and more accelerated as a result of a high concentration of legacy technology incumbents, deep-rooted inefficiencies, supportive demographic dynamics, proliferation of mobile technology, and direct government actions aimed at promoting competition and innovation. Our sponsor is an arm of Valor Capital Group (“Valor Capital” or “our Sponsor”), a leading investment firm focused on Brazil and US-Brazil cross-border opportunities with a presence in New York, the Silicon Valley and São Paulo.
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IPO News for Valor Latitude Acquisition
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IPO Data
IPO File Date 03/11/2021
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 05/03/2021
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
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Company Data
Headquarters New York, NY
Founded 2021
Employees 2
Website valorcapitalgroup.com