GoGreen Investment Corp. (GOGN.U) Prices Upsized $240M IPO


GoGreen Investment Corp. (GOGN.U) Prices Upsized $240M IPO

Oct 20, 2021 IPOs by Marlena Haddad

GoGreen Investment Corp. announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the NYSE under the symbol “GOGN.U” Thursday, October 21.

The new SPAC intends to combine with a business in the clean/renewable energy space that has the potential to have a market capitalization above $1 billion post business combination closing. GoGreen Investment Corp. is led by CEO and Chairman John Dowd, Chief Development Officer Vikas Anand, CTO Dan Foley, COO Govind Friedland, Chief Decarbonization Officer Sergei Pokrovsky, and CFO Michael Sedoy, CFA.

Total SPAC deal count for 2021 year-to-date is now 481. This offering is expected to close on Monday, October 25.

Citigroup and Credit Suisse are serving as the joint book-running managers for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Cravath, Swaine & Moore LLP serving as Underwriter’s Counsel. Citrin Cooperman & Company, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.