Paul Hastings advised Jaguar Global Growth Corp. I, a special-purpose acquisition company, on its $200 million initial public offering, the law firm said.
Miami-headquarterd Jaguar Global Growth Corp. I is a partnership between real estate private equity fund Jaguar Growth Partners Group LLC and Hennessy Capital Group LLC, which was founded in 2013 and is a sponsor of several SPACs. The SPAC is led by Jaguar Growth Partners’ chief executive officer and co-founder Gary Garrabrant, according to a statement.
The Jaguar Global SPAC’s objective is to affect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more international businesses. It plans to target companies in PropTech industries, which apply information technology to real estate, the statement said.
The SPAC on Feb. 10 priced its IPO of 20 million units at $10 per unit, to be listed on the Nasdaq Global Market under the symbol JGGCU. The offering is expected to close on Tuesday.
To contact the correspondent on this story: Rick Mitchell in Paris at rmitchell@correspondent.bloomberglaw.com
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