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Zalatoris II Acquisition (XPAC Acquisition) Priced, Nasdaq: ZLS

Brazil-focused blank check company formed by Brazilian financial services firm XP (pending: Eco Modular).

Industry: SPAC

Latest Trade: $10.88 0.00 (0.0%)

First Day Return: -2.0%

Return from IPO: +8.8%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue a business combination target in any business, industry or geographical location, we intend to capitalize on the strength and leading presence of the XP platform in Brazil, drawing upon the extensive networks, relationships and investment acumen of our sponsor and management team to identify, source, negotiate and execute an initial business combination in Brazil in an industry (i) that we believe should benefit from long-term growth in the Brazilian economy, (ii) that has favorable secular trends and a high growth profile, (iii) that has competitive advantages as well as a consistent Environmental, Social and Governance (ESG) framework and (iv) in which our management team has previous experience, including the healthcare, financial services, education, consumer goods & retail, and technology industries, which we refer to throughout this prospectus as the Brazil focus sectors. Our sponsor is a wholly owned subsidiary of XP Inc., a leading, Nasdaq-listed (Nasdaq: XP), technology-driven platform and a trusted provider of financial products and services in Brazil with a mission-driven culture and a revolutionary business model that we believe provides us with strong competitive advantages.
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IPO Data
IPO File Date 05/13/2021
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 07/29/2021
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
Underwriters
Citi
XP Investimentos
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees 3
Website www.xpinc.com/en

Zalatoris II Acquisition (XPAC Acquisition) (ZLS) Performance