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The Growth for Good Acquisition Corporation (GFGDU) is a special purpose acquisition company (SPAC) focused on acquiring a target company in the environmental, social, and governance (ESG) sector. With a mission to drive positive change through sustainable investments, GFGDU seeks to identify a company that aligns with their values and has a strong potential for growth. The team behind GFGDU has a proven track record in financial markets and sustainable investing, positioning them as a leader in the ESG space.
Zero Nox Inc., a leader in sustainable off-highway vehicle electrification, filed a registration statement on Form S-4 with Growth for Good Acquisition Corporation (NASDAQ: GFGD) on April 7, 2023. This filing includes a preliminary proxy statement and prospectus related to their proposed business combination, which has received unanimous approval from both companies' Boards of Directors. The transaction, valued at an enterprise value of $306 million, is expected to close in the second half of 2023, pending customary closing conditions. Upon completion, Zero Nox's stock will trade on NASDAQ under the ticker symbol “ZNOX.” Zero Nox focuses on advanced electrification technologies for off-highway vehicles, aiming to contribute to decarbonization efforts.
The Growth for Good Acquisition Corporation (NASDAQ: GFGDU) announced that holders of its 25,300,000 initial public offering units can trade their Class A ordinary shares, rights, and redeemable warrants separately starting January 31, 2022. The separated shares will trade under the symbols GFGD, GFGDR, and GFGDW on the Nasdaq Global Market. The offering's prospectus can be accessed via the SEC’s website. GFGDU is focused on sustainable business combinations and is led by CEO Yana Watson Kakar, aiming at companies with high growth potential.
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