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Crescera Capital Acquisition Corp. has successfully closed its initial public offering (IPO) of 20,125,000 units at $10.00 per unit, which includes the purchase of an additional 2,625,000 units by underwriters. The units began trading on NASDAQ under the ticker symbol CRECU on November 19, 2021. Each unit includes one Class A ordinary share and a half of a redeemable warrant. The company aims to pursue business combinations across various industries in Latin America, backed by Crescera Capital, a Brazilian asset management firm.
Crescera Capital Acquisition Corp. has priced its initial public offering (IPO) at $10.00 per unit, totaling 17,500,000 units. The units will be listed on the Nasdaq under the symbol CRECU starting November 19, 2021, and the offering is expected to close on November 23, 2021. Each unit includes one Class A ordinary share and a half warrant, with a full warrant allowing purchase at $11.50. The company, associated with Crescera Capital, aims to pursue a business combination in Latin America.
