THE GROWTH FOR GOOD ACQUISITION CORP.
General Information | |
Business: | The Growth for Good Acquisition Corp. is a new and differentiated blank check company focused on sponsoring the public listing of an inclusive and environmentally sustainable company with strong business fundamentals and high growth potential. A significant, although not sole, focus for us are “climate tech companies.” (Incorporated in the Cayman Islands) The growth potential for companies whose businesses have a positive impact on the environment and society is strongly supported by macroeconomic, environmental and social trends. For example, population and urbanization trends alone demonstrate the enormous demand that will drive growth for innovators in the food and agriculture sector. Within 30 years, the United Nations projects the human population will grow to approximately 10 billion, with nearly two-thirds of all people living in cities. To feed this population, the United Nations projects we will need to produce 70% more food by 2050 than we are producing today. Given that today’s global food system already utilizes about 70% of the world’s freshwater, according to the World Bank, and 50% of habitable land, according to Our World in Data, conventional methods are insufficient. That is why our intended target company is not simply one that integrates environmental, social and governance factors into “business as usual” models. We intend to seek companies that have successfully disrupted industries by finding smarter ways to work and creating step-change improvements—whether by retaining the value of inputs and materials longer through reuse and waste reduction in company operations, by diversifying workforces or creating opportunity in previously underserved parts of the world, or by developing new technologies and areas for technological application in order to de-carbonize the global economy.
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 12 E 49th Street, 11th Floor New York, NY 10017 |
Phone Number | (646) 450-1265 |
Web Address | |
View Prospectus: | THE GROWTH FOR GOOD ACQUISITION CORP. |
Financial Information | |
Market Cap | $282.34mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | GFGDU |
Exchange | NASDAQ |
Shares (millions): | 22.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $220.0 mil |
Manager / Joint Managers | Credit Suisse/ Barclays |
CO-Managers | - |
Expected To Trade: | 12/10/2021 |
Status: | Priced |
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 |