The Growth for Good Acquisition Corp. (GFGDU) Prices $220M IPO


The Growth for Good Acquisition Corp. (GFGDU) Prices $220M IPO

The Growth for Good Acquisition Corp. announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GFGDU” Friday, December 10.

The new SPAC intends to seek opportunities with inclusive and environmentally sustainable companies with strong business fundamentals and high growth potential. The Growth for Good is led by CEO Yana Watson Kakar, President David Birnbaum, and CFO and COO Rahul Kakar.

Total SPAC deal count for 2021 year-to-date is now 585. This offering is expected to close on Tuesday, December 14.

Credit Suisse and Barclays are acting as the joint book-running managers of the offering. Latham & Watkins 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.