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Venture firm's SPAC G Squared Ascend I prices upsized $300 million IPO

GSQD.U

G Squared Ascend I, a blank check company formed by G Squared targeting the tech sector, raised $300 million by offering 30 million units at $10.The company offered 5 million more units than anticipated. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The company may raise an additional $100 million at the closing of an acquisition...read more

Venture capital firm's SPAC G Squared Ascend I files for a $250 million IPO

GSQD.U

G Squared Ascend I, a blank check company formed by G Squared targeting the tech sector, filed on Wednesday with the SEC to raise up to $250 million in an initial public offering. The Chicago, IL-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50....read more

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