Altimeter Growth I (stock symbol: AGC) is trading at $15.29 in the premarket, up $2.59. Grab is the category leader for online food delivery, ride-hail, and digital wallets in Southeast Asia. AGCB is currently in stage: 2. Altimeter Growth (NASDAQ: AGC ) and Altimeter Growth 2 (NYSE: AGCB ) are both climbing on news of a potential Grab . Sources today claim that Grab will merge with Altimeter Growth 1. Pre-deal SPACs trading near IPO prices offer a unique opportunity to invest with limited downside, but unlimited upside. Temasek participated in . but that doesn't mean all SPACs are created equal. Altimeter Growth Corp. is listed on the stock exchange with the ticker / Symbol AGC, AGC SPAC all time high was $0,18 and the lowest price in the last 52 week was: , the current AGC stock price is $0,10. Altimeter Growth Corp General. News in the blank-check company space has two SPACs moving on Friday morning. 6. Altimeter Growth Corp. announced the pricing of its $450 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol "AGCUU" tomorrow, Thursday, October 1st. Altimeter Growth Corp. - Renaissance Capital. Seeking Target. . News in the blank-check company space has two SPACs moving on Friday morning. SPACs listings causes much controversy due to the "short-cut" it takes compared to a traditional IPO. Amid the global stock market volatility, last year's $83 billion haul by SPACs was six times the amount raised in 2019 and nearly equaled the figure . Altimeter SPAC Reportedly in Deal Talks with Grab Mar 11, 2021 INTEL by Nicholas Alan Clayton Southeast Asian ride-hailing and food delivery company Grab is reportedly in merger talks with one of Altimeter Capital Management's two SPACs: Altimeter Growth Corporation (NASDAQ:AGC) or Altimeter Growth Corp. 2 (NYSE:AGCB), according to Reuters. 52wk Low 2.95. Altimeter Growth Corp (NASDAQ: AGC) stock represents a special purpose acquisition company (SPAC). Altimeter Growth Corp General. This is why its SPAC partner, Altimeter Growth, is down nearly 10% this morning. The latest volume was: 1.342.034. Both Altimeter Growth and AJAX 1 have not identified an acquisition and their team is working diligently to find a great fit. Singapore's Grab set to list in New York in biggest Spac merger Deal with Altimeter Capital's blank-cheque vehicle will value technology start-up at $35bn Altimeter Growth (NASDAQ: AGC) and Altimeter Growth 2 . Short interest in SPACs stood at $3.2 billion in mid-June, up from $2.7 billion. The SPAC intends to focus on targets "in a secular-growth area Before today, AGC stock had risen 50% over the past month as excitement built for the reverse merger with Grab . If the deal goes through, it . Let's Look at SPAC Altimeter Growth's Charts Ahead of Its Merger with Grab Think of Grab as a combination of Lyft, DoorDash, and PayPal. The following is an analysis of Altimeter Growth Corp. 2 (NYSE: NYSE: AGCB ) . It is led by Chairman, CEO and President Brad Gerstner and General . Altimeter Capital is in talks with ride-hailing company Grab to bring the company public in a $40 billion deal, according to a report from The Wall Street Journal. It . In April, Altimeter announced its Altimeter Growth Corp. will merge with Southeast Asia's ride-hailing giant Grab in a deal that values the company at $39.6 billion — one of the largest blank . AGC is currently in stage: 2. The merger would be with one of the US investment firm's two Altimeter Growth Spacs and would come after Grab's board agreed to a preliminary deal last month. The difference represents a 75 percent increase from the original filing earlier this month for a $200 million raise. It intends to merge with Grab, which is a delivery company and styles itself as a so-called . Brad Gerstner's Altimeter Growth (AGC) is taking Grab, the leading superapp for deliveries, mobility and financial Services in Southeast Asia public via a $40b SPAC merger. Unlike an ordinary SPAC . Altimeter Growth Corp. 2 AGCB SPAC . Here are four reasons why Altimeter Growth (AGC) could be the next number one short squeeze: Reason #1) Grab: Grab is the #1 Super App in Southeast Asia. FILE - In this May 24, 2017, file photo, applicants fill in forms to join Grab Vietnam at the company's office in Hanoi, Vietnam. SPACs notched more than $70 billion so far in 2021, a new record. Altimeter, Thiel buy SE Asia companies via SPACs. Altimeter has backed two SPACs - Altimeter Growth Corp and Altimeter Growth Corp 2. In addition to our experience as crossover investors, we . Altimeter Growth Corp., completing one of the largest special purpose acquisition company deals ever after a year of tumult for SPACs and the transaction itself. Singapore-based ride-hailing service Grab plans to go public in the U.S. through a merger with Altimeter Growth in the largest SPAC deal ever, the companies announced Tuesday.Valued near $39.6 . Grab is set to merge with Altimeter Growth Corp. 1, one of two SPACs run by Altimeter Capital and ex-Zillow board member Brad Gerstner. This company raised $250 million last . Altimeter Growth Corp. - Renaissance Capital. . The WSJ report did not specify which of the two SPACs Grab was in . Investors should also note that there is a possibility that the deal may fall through if negotiations don't end up well. Altimeter Growth Corp., a blank check company formed by Altimeter Capital targeting the tech sector, filed on Friday with the SEC to raise up to $450 million in an initial public offering. Altimeter Growth shares have climbed to $15 from $13.95 before the deal was announced, suggesting stock market investors like the merger. Reuters first reported in January, citing sources, that Singapore-based Grab was exploring a listing in the United States. Critics argue that retail investors are disproportionately rewarded as SPACs tend to underperform after being listed. Last month I talked to you about my three favorite tech SPACs to watch and since then Altimeter Growth Corp (NASDAQ: AGC), AJAX 1 (NYSE: AJAX) and Reinvent Technology Partners (NYSE: RTP) are down 1%, up 8%, and up 30%. . Altimeter, a Silicon Valley venture capital firm, has two SPACs — Altimeter Growth Corp. and Altimeter Growth Corp 2. It's been a rumor for a . Altimeter Growth Corporation (Nasdaq: AGC) is a special purpose investment vehicle sponsored by Altimeter Growth Holdings ("Altimeter"), which is part of the Altimeter Capital Markets Platform, formed to invest in and help bring a world-class technology company to the public markets. Silicon Valley-based venture capital firm Altimeter has backed two SPACs — Altimeter Growth Corp and Altimeter Growth Corp 2. Altimeter Growth Corp. (NASDAQ: AGC) Altimeter Growth Corp. (NASDAQ: AGC) is a special purpose acquisition company based in California. The landmark listing came after Grab's successful merger with blank-cheque company Altimeter Growth Corp, joining a list of headline SPAC deals in the past year. Prior to founding Bossy Cosmetics in 2018, Ms. Dozie served as a Fellow at the Distinguished Careers Institute at Stanford University. AGC 2.85 0.01 (0.35%) 8,230. Southeast Asia's largest ride-hailing company, Grab Holdings, said Tuesday that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion and . Recently, Grab consummated its merger with Altimeter Growth Corp., a U.S.-listed SPAC, with the help of a $4 billion private investment in public equity, or PIPE, offering. The Wall Street Journal reported earlier in the day SoftBank-backed Grab was in talks with Altimeter Capital Management LP. 3 Top SPACs for Tech Investors Altimeter Growth Corp. (NASDAQ: AGC ) This SPAC is being run by one of the top tech investors of the decade, Brad Gerstner, the Founder of Altimeter. It intends to merge with Grab, which is a delivery company and styles itself as a so-called . What I want . Thinking of investing in new companies before they become household names? Citi, Goldman Sachs, and Morgan Stanley are . Silicon Valley-based venture capital firm Altimeter has backed two SPACs - Altimeter Growth Corp and Altimeter Growth Corp 2. AGCB is a new SPAC and its share price traded down . The SPAC raised $450 million after going public on the . Altimeter Growth Corp. raised $450 million in an October 2020 IPO. Altimeter Growth. . Altimeter has backed two SPACs - Altimeter Growth Corp and Altimeter Growth Corp 2 .. This marks the largest SPAC merger to date. Investment Products. This report researches the Airplane Altimeter capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028. AGC has an overall market cap of: $6.505.578. AGC Altimeter Growth Corp — Stock Price and Discussion | Stocktwits. Altimeter Growth Corp (NASDAQ: AGC) stock represents a special purpose acquisition company (SPAC). Altimeter Growth Corporation 2 (NYSE: AGCB) is a special purpose investment vehicle sponsored by Altimeter Growth Holdings 2 ("Altimeter"), which is part of the Altimeter Capital Markets Platform, formed to invest in and help bring a world-class technology company to the public markets. [1/5 warrant] SPAC Pricing, Capital & Likely Target. The firm has two SPACs, Altimeter Growth Corp. 1 and Altimeter Growth Corp. 2. Altimeter Growth Corp. 2, the second blank check company formed by Altimeter Capital targeting the tech sector, raised $400 million by offering 40 million shares at $10. It offers the services of Uber, DoorDash, PayPal, Venmo, and . Altimeter Growth Corp. 2 was founded in 2020 and plans to list on the NYSE under the symbol AGCB. Altimeter Growth (AGC) is the number one short squeeze. Grab is unlike any company in the US or Europe. It . Altimeter Growth Corp. 2 (NYSE:AGCB) plans to use the money raised this week to help take a tech company public through a reverse merger. Seeking Target. Altimeter 2 intends to focus on targets The SPAC in an amended filing now plans to offer 35 million units at $10 each to raise $350 million, up from the initial registration of 20 million units. Altimeter Growth Corp. is a newly formed blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. Altimeter Growth Corp. 2. In 2020, the Altimeter Growth 1 SPAC raised $450 million and its share price increased by 25 percent, according to . A 3D illustration of the word SPACs on a stock board full of numbers and up and down arrows. The Wall Street Journal said deal talks . The sources said that Singapore-based Grab, which has expanded rapidly from its beginnings as a ride-hailing . The deal, announced Tuesday, values . Key Data. AGCB has an overall market cap of: $566.044.493. Altimeter Growth Corp. 2 is listed on the stock exchange with the ticker / Symbol AGCB, AGCB SPAC all time high was $11,33 and the lowest price in the last 52 week was: , the current AGCB stock price is $9,87. Investment Products. These SPACs are still looking for deals. Mkt Cap 11.97b. Altimeter Growth has two SPAC units for merging with private companies to take them public. Altimeter Growth Corp. 2 upsized its IPO today for the seocnd time since the initial registration last month, with plans to offer 40 million units at $10 each to raise $400 million. Altimeter Growth - Brad Gerstner, in talks to bring Grab, a ride hailing service in Asia , public. This Friday only, Altimeter Growth Corp. announced it will be coming to market with a $450M SPAC, sponsored by the highly regarded technology investment firm, Altimeter Capital, who is looking to invest in another high growth private company. Altimeter Growth II (stock symbol: AGCB) is trading at $11.77 in the premarket, up $1.02. Grab is referred to as a "Super App" because it has so many functions. We are founders supporting founders and we believe competition around the IPO process offers companies important flexibility and choice. As part of the deal, Grab is likely to merge with Altimeter Growth Corp 1, one of Altimeter Capital's SPAC vehicles, which raised $450 million last year. That's twice the size of the initial offering registered three weeks ago. Silicon Valley-based venture capital firm Altimeter, which manages more than $15 billion in public and private tech investments, has backed two SPACs - Altimeter Growth Corp 1 and . Altimeter Growth Corp. is a newly formed blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. The stock soared to over $18 a share during the frenzy in the first quarter in which more new SPACs raised funds than in all of 2020, a . As usual with SPACs, it sold shares at $10 a piece. Notably, Grab, the internet giant and Southeast Asia's dominant super-app, announced in April 2021 that it would go public in the United States (US) by merging with the SPAC, Altimeter Growth Corp. 52wk High 17.15. It is ranked sixth on our list of 10 best SPACs to buy . Altimeter Growth Corp NYSE Updated Apr 22, 2022 7:59 PM. Singapore company Grab Holdings will go public via a U.S. based SPAC, Altimeter Growth Corp., a blank check company backed by Altimeter Capital. Altimeter Growth Corp. 2 raised $400 million in a January IPO. Grab is a web-based food delivery and ride hailing company, the largest company in that space in southeast Asia. At Altimeter, our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth. Aishetu Fatima Dozie is a Director of Altimeter Growth Corp. Ms. Dozie is the Founder and Chief Executive Officer of Bossy Cosmetics, Inc. ("Bossy Cosmetics"), a mission-driven cruelty-free beauty company. The good part is, we are not done yet. The sources said that Singapore-based Grab, which has expanded rapidly from its beginnings as a ride-hailing . Our officers, directors and director nominees are as follows:Name Age PositionBrad Gerstner 49 Chairman, Chief Executive Officer and PresidentHab Siam 50 General CounselRichard Barton 53 Director NomineeAnu Hariharan 40 Director NomineeAnita Lynch 47 Director NomineeLexi Reese 46 Director NomineeBrad Gerstner serves as the Chairman, Chief Executive Officer . Altimeter Growth Corp (NASDAQ: AGC) stock represents a special purpose acquisition company (SPAC). Southeast Asia's largest ride-hailing company, Grab Holdings, said Tuesday, April 13, 2021 that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion in preparation for an initial public offering in the U.S . This new company aims to combine with a technology target that has a large addressable market and strong unit economics. The Singapore Exchange (SGX) has also planned a minimum S$300 market value for SPACs and proposed SPAC . The uptick in SPAC shorts comes as the market works to recover from a weeks-long slowdown. The large Southeast Asian delivery, mobility, and financial services company Grab announced a SPAC deal with Altimeter Growth in one of the largest offerings for a company from the region in the United States. Altimeter Growth Corp (NASDAQ: AGC) stock represents a special purpose acquisition company (SPAC). The . On April 13, 2021, Grab Holdings Inc., Southeast Asia's . It manages about $16 billion and mostly puts money into technology firms. The company filed confidentially on December 4, 2020. Like all SPACs, Altimeter Growth went public at $10 a share. For these reasons, I am interested in the SPACs from Altimeter. The most obvious sign is the frenzied growth. A 3D illustration of the word SPACs on a stock board full of numbers and up and down arrows. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. 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