Share this article
Share this article
NEW YORK, Jan. 26, 2021 /PRNewswire/ European Sustainable Growth Acquisition Corp. (the Company ) announced today the closing of its initial public offering of 12,500,000 units at a price of $10.00 per unit, resulting in gross proceeds of $125 million.
The Company s units commenced trading on the Nasdaq Capital Market ( Nasdaq ) under the ticker symbol EUSGU on January 22, 2021. Each unit consists of one Class A ordinary share and one-half of one warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable and will trade. 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 EUSG and EUSGW, respectively.
/PRNewswire/ European Sustainable Growth Acquisition Corp. (the "Company") announced today that it priced its initial public offering of 12,500,000 units,.