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Lead Edge Growth Opportunities announced the closing of 4,500,000 additional units from the underwriters’ option, generating gross proceeds of $45,000,000. This brings the total gross proceeds from its initial public offering to $345,000,000. Each unit consists of one Class A ordinary share and one-fourth of a redeemable warrant. The securities trade under the ticker symbol 'LEGAU' on Nasdaq, aimed at mergers and acquisitions in technology sectors. Credit Suisse and J.P. Morgan served as joint book-running managers for this offering.
Lead Edge Growth Opportunities, Ltd has announced the pricing of its initial public offering (IPO) at $10.00 per unit, aiming to raise capital through the sale of 30,000,000 units. Each unit comprises one Class A ordinary share and one-fourth of a warrant, with the whole warrant allowing the purchase of an additional share at $11.50. The IPO will trade on Nasdaq under the symbol 'LEGAU' starting March 23, 2021, with the closing expected on March 25, 2021. Credit Suisse and J.P. Morgan are the joint book-runners, and the offering includes an option for underwriters to purchase an additional 4,500,000 units.