Invest Green Acquisition Corporation Announces Closing of $172.5 Million Initial Public Offering
Globenewswire·2025-11-26 21:32

Group 1 - The Company, Invest Green Acquisition Corporation, closed its initial public offering (IPO) of 17,250,000 units at a price of $10.00 per unit, raising total gross proceeds of $172,500,000 before expenses [1] - The units began trading on Nasdaq under the ticker symbol "IGACU" on November 25, 2025, and will consist of one Class A ordinary share and one right entitling the holder to receive one-tenth of one Class A ordinary share upon completion of a business combination [1] - The Company was formed to pursue business combinations in various sectors, with a focus on renewable energy, sustainable finance, and nuclear energy, aiming to support the global clean energy transition [2] Group 2 - Cohen & Company Capital Markets acted as the sole book-running manager for the public offering, and the offering was made only by means of a prospectus [3] - A registration statement for the securities became effective on November 24, 2025, allowing the Company to proceed with the offering [4]