Welcome to our dedicated page for GGAA news (Ticker: GGAA), a resource for investors and traders seeking the latest updates and insights on GGAA stock.
GGAA (GGAA) is a Special Purpose Acquisition Company targeting innovation in consumer internet sectors including online marketplaces, proptech, and fintech. This news hub provides investors and industry observers with essential updates on the company's merger progress, partnership developments, and market positioning.
Access real-time announcements about GGAA's acquisition strategy, financial updates, and collaborations shaping the future of digital consumer services. Our curated news collection serves as your primary resource for tracking this SPAC's journey in identifying high-growth merger targets.
Expect comprehensive coverage of key developments including strategic acquisitions, sector-specific partnerships, and financial milestones. All content is verified for accuracy and relevance to support informed decision-making.
Bookmark this page for streamlined access to GGAA's evolving story in the SPAC landscape. For direct inquiries, contact company representatives at ep@genfunds.com.
Genesis Growth Tech Acquisition Corp. (Nasdaq: GGAA) has received a notification from Nasdaq regarding its non-compliance with Listing Rule 5250(c)(1) due to the late filing of its Annual Report on Form 10-K for the year ended December 31, 2022.
The notification does not affect the current listing of the company's units, common stock, or warrants on the Nasdaq Global Market. GGAA has a 60-day window, until June 20, 2023, to submit a compliance plan. If accepted, Nasdaq may grant an extension of up to 180 days, or until October 16, 2023, to rectify the compliance issue. In case of rejection, GGAA may appeal the decision to a Hearing Panel.
Genesis Growth Tech Acquisition Corp. (Nasdaq: GGAAU) announced that holders of its units can now separately trade Class A ordinary shares and warrants starting January 31, 2022. The separated shares will trade under symbols GGAA and GGAAW, while any units not separated will continue under GGAAU. The initial units were offered in an underwritten offering led by Nomura Securities International, Inc. A registration statement for the units was effective as of December 8, 2021. This communication is not an offer to sell or buy securities in any unlawful jurisdiction.
Genesis Growth Tech Acquisition Corp. (Nasdaq: GGAAU) has successfully closed its upsized initial public offering (IPO) on December 13, 2021, raising a total of $220 million by issuing 22,000,000 units at $10.00 per unit. The offering includes a 45-day option for underwriters to purchase an additional 3,300,000 units. Each unit consists of one Class A ordinary share and one-half redeemable warrant, with the shares expected to trade separately under symbols GGAA and GGAAW. The company aims to target high-growth tech businesses across various sectors and regions for future mergers or acquisitions.
