LDH Growth Corp I (LDHAU) Prices $200M IPO

LDH Growth Corp I announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LDHAU”, Friday, March 19.

The new company aims to combine with a technology-enabled target in participating the digitization of Latin American and Hispanic markets. LDH Growth I is led by Chairman and CEO Marcelo Claure, President Michel Combes, CFO Christopher Cooper, and Managing Partners Paulo Passoni and Mweashuma Nyatta.

Total SPAC deal count for 2021 year-to-date is now 275. This offering is expected to close on Tuesday, March 23.

Citigroup and J.P. Morgan are serving as joint book-running managers for the offering. Gibson, Dunn & Crutcher LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.