Agile Growth Corp. (AGGRU) Prices $300M IPO


Agile Growth Corp. (AGGRU) Prices $300M IPO

Agile Growth Corp. announced the pricing of its $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AGGRU”, Wednesday, March 10.

The new company aims to combine with a software or software-enabled business with an attractive addressable market. Agile is led by CEO and CFO Jay Bhatt alongside Chief Strategic Officer John Newton, Chief Sourcing Officer Antonio J. Aquilina, CTO Tony Grout, and Chief Administrative Officer Sally Baraka.

Total SPAC deal count for 2021 year-to-date is now 238. This offering is expected to close on Friday, March 12.

Citigroup Global Markets Inc. and Jefferies LLC are serving as joint book-running managers for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.