Corner Growth Acquisition Corp. Announces Pricing of Upsized $350 Million Initial Public Offering

Author's Avatar
Dec 17, 2020
Article's Main Image

Corner Growth Acquisition Corp. (the “Company”), a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its upsized initial public offering of 35,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Stock Market LLC and trade under the ticker symbol “COOLU” beginning December 17, 2020. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on The Nasdaq Stock Market LLC under the symbols “COOL” and “COOLW” respectively.