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Vy Capital's tech SPAC Vy Global Growth prices $500 million IPO at $10

VYGG.U

Vy Global Growth, a blank check company formed by Vy Capital targeting the technology sector, raised $500 million by offering 50 million units at $10. Each unit consists of one share of common stock and one-fifthof a warrant, exercisable at $11.50. The company may raise an additional $100 million at the closing of an acquisition pursuant to a forward purchase agreement with its...read more

Vy Capital's tech SPAC Vy Global Growth files for a $500 million IPO

VYGG.U

Vy Global Growth, a blank check company formed by Vy Capital targeting the technology sector, filed on Tuesday with the SEC to raise up to $500 million in an initial public offering. The Cayman Islands-based company plans to raise $500 million by offering 50 million units at $10. Each unit consists of one share of common stock and one-quarter of a warrant, exercisable at $11.50...read more

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