Learn CW Investment Corp.
General Information | |
Business: | Our focus is on the education, training and education technology (EdTech) sectors. (Incorporated in the Cayman Islands) Our sponsor is an affiliate of Learn Capital and Commonwealth Asset Management (“CWAM”). Founded in 2008, Learn Capital is a leading venture capital firm created to focus exclusively on early-stage and mid-stage investments in the $5.4 trillion global education sector. By leveraging deep sector expertise and networks and sustained attention to emerging breakthroughs in technology-enabled education delivery, the firm has invested early in many of the sector’s largest and leading companies. In the last decade, Learn Capital has raised four funds totaling $600+ million in assets under management and invested in category-leading companies reaching learners globally. Learn Capital was founded by Rob Hutter and Greg Mauro, a team who formerly managed an affiliate of Founders Fund.
Commonwealth Asset Management Holdings LLC (“CWAM Platform”) is a Los Angeles-based asset management platform founded in June 2019 and led by Adam Fisher, our President, and the former Head of Global Macro and Real Estate at Soros Fund Management LLC (“Soros”) and the former founder and Chief Investment Officer of Commonwealth Opportunity Capital, GP LLC (“CWOC”). At the time of its closing in June 2017, CWOC was a $2.3 billion discretionary global macro platform. It was launched in 2008 and began the process of returning capital to investors in July 2017 when the investment team moved to Soros. The firm was founded and led by CIO Adam Fisher and offered two comingled hedge funds, as well as multiple co-investment opportunities in both the liquid and illiquid space.
(Note: Learn CW Investment Corp. did NOT price its SPAC IPO on Oct. 7, 2021, as some had expected. The blank check company downsized its SPAC IPO to 20 million units, down from 25 million units, at $10 each in an S-1/A filing dated Sept. 16, 2021.) |
Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 11755 Wilshire Blvd. Suite 2320 Los Angeles, California 90025 |
Phone Number | (424) 324-2990 |
Web Address | |
View Prospectus: | Learn CW Investment Corp. |
Financial Information | |
Market Cap | $225.0mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | LCW.U |
Exchange | NYSE |
Shares (millions): | 20.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $200.0 mil |
Manager / Joint Managers | Evercore |
CO-Managers | |
Expected To Trade: | 10/8/2021 |
Day: | Friday |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |