World Quantum Growth (WQGA.U) Prices $200M IPO


World Quantum Growth (WQGA.U) Prices $200M IPO

Aug 11, 2021 IPOs by Marlena Haddad

World Quantum Growth Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the New York Stock Exchange under the symbol “WQGA.U”, Wednesday, August 11.

The new company intends to combine with a business in the financial services and the financial technology sectors in the U.S. and EMEA. World Quantum Growth is led by CEO and Chairman Xavier Rolet, CFO Serge Harry, CIO Antoine Shagoury, and CDO Michel Brogard.

Total SPAC deal count for 2021 year-to-date is now 404. This offering is expected to close on Friday, August 13.

Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering. Kirkland & Ellis International LLP is serving as Issuer’s Counsel with Cravath, Swaine & Moore LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.