Rocket Internet Growth Opportunities Corp. (RKTA.U) Prices $250M IPO

Rocket Internet Growth Opportunities Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “RKTA.U”, Tuesday, March 23.

The new company aims to combine with a technology target with a market-leading portfolio of products or services and compelling growth prospects. Rocket Internet Growth Opportunities Corp. is led by Chairman Oliver Samwer, CFO Soheil Mirpour and CFO Donald E. Stalter Jr.

Total SPAC deal count for 2021 year-to-date is now 287. This offering is expected to close on Thursday, March 25.

Citigroup Global Markets Inc. is serving as the sole book-running manager for the offering. Sullivan & Cromwell LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.