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Canaccord Genuity G Ventures Corp. Files First Preliminary Prospectus for a New Growth Acquisition Company Initial Public Offering


Canaccord Genuity G Ventures Corp. Files First Preliminary Prospectus for a New Growth Acquisition Company Initial Public Offering
CGGV ) has filed a preliminary prospectus for an initial public offering (the
Offering ) of a newly-organized growth-focused special purpose acquisition corporation formed for the purpose of effecting an acquisition of one or more businesses within a specified period of time.
CGGV is one of the first two issuers making filings today in connection with the launch of a new publicly-traded acquisition corporation vehicle created in conjunction with the NEO Exchange Inc. (
NEO ), called a Growth Acquisition Corporation (
G-Corp ).
The G-Corp is permitted to raise between $10 million and $30 million pursuant to an initial public offering. In addition to its size, what makes the G-Corp different from conventional SPACs, is that the holders of its Class A restricted voting shares (the ....

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