PLAOU News

The IPO market was quiet again this past week with just three SPAC pricings. Pipeline activity picked up slightly from recent weeks, as four IPOs and three SPACs submitted initial filings. Three SPACs came to market: Lakeshore Acquisition II (LBBBU), the second SPAC founded by Chinese investor Bill Chen, raised $60 million; ...read more

Patria Latin American Opportunity Acquisition, a blank check company formed by Patria targeting Latin American businesses, raised $200 million by offering 20 million units at $10, with each unit containing one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by Chairman Ricardo Scavazza, who is a Managing...read more

Patria Latin American Opportunity Acquisition, a blank check company formed by Patria targeting Latin American businesses, lowered the proposed deal size for its upcoming IPO on Tuesday. The company now plans to raise $200 million by offering 20 million units at a price of $10. The company had previously filed to offer 25 million units. Each unit contains one share of common stock...read more

Patria Acquisition, a blank check company formed by Patria targeting Latin American businesses, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Grand Cayman, Cayman Islands-based company plans to raise $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-third of a warrant,...read more