Lazard Growth Acquisition Corp. I Units (LGACU)

A look at the shareholders of Lazard Growth Acquisition Corp. I ( NASDAQ:LGAC ) can tell us which group is most...

If you want to know who really controls Lazard Growth Acquisition Corp. I ( NASDAQ:LGAC ), then you'll have to look at...

Lazard Growth Acquisition Corp. I (Nasdaq: LGAC) (the “Company”) today announced that, commencing April 5, 2021, holders of the 57,500,000 units sold in its initial public offering may elect to separately trade shares of the Company’s Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on Nasdaq under the symbols “LGAC” and “LGACW”, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on Nasdaq under the symbol “LGACU”. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A ordinary shares and warrants.

Lazard Growth Acquisition Corp. I (the “Company”) today announced the closing of its initial public offering of 57,500,000 units, including 7,500,000 units issued upon the exercise in full by the underwriter of its option to purchase additional units, at a price of $10.00 per unit. The units are listed on Nasdaq and trade under the ticker symbol “LGACU”. Each unit consists of one Class A ordinary share and one-fifth of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at a price of $11.50 per share, subject to adjustment. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “LGAC” and “LGACW”, respectively.