Lead Edge Growth Opportunities, Ltd (LEGAU) Prices $300M IPO


Lead Edge Growth Opportunities, Ltd (LEGAU) Prices $300M IPO

Lead Edge Growth Opportunities Ltd announced the pricing of its $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LEGAU”, Tuesday, March 23.

The new company aims to combine with a high-quality software, Internet or technology-enabled target with meaningful revenue traction. Lead Edge Growth is led by Chairman and CEO Mitchell H. Green, President and CFO Nimay Mehta and COO Brian Neider.

Total SPAC deal count for 2021 year-to-date is now 281. This offering is expected to close on Thursday, March 25.

Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are serving as the book-running managers for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.