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GEFAU News

Clean energy SPAC GEF Acquisition withdraws $100 million IPO

GEF Acquisition, a blank check company focused on clean energy, resource efficiency and environmental services sectors, withdrew its plans for an initial public offering on Wednesday. It originally filed in March 2016 with a proposed deal size of $100 million. The Bethesda, MD-based company was founded in 2015 and had planned to list on the Nasdaq under the symbol GEFAU....read more

Clean energy SPAC GEF Acquisition sets terms for $100 million IPO

GEF Acquisition, a blank check company focused on clean energy, resource efficiency and environmental services sectors, announced terms for its IPO on Friday. The Bethesda, MD-based company plans to raise $100 million by offering 10 million shares at a price of $10. At the midpoint of the proposed range, GEF Acquisition would command a fully diluted market value of $125 million...read more

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