Altimeter Growth Corp. 2 (AGCB) Prices Upsized $400M IPO

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Altimeter Growth Corp. 2 (AGCB) Prices Upsized $400M IPO

Altimeter Growth Corp. 2 announced the pricing of its upsized $400 million IPO this morning and its shares are expected to begin trading on the Nasdaq under the symbol “AGCB” Thursday, January 7.

The new company aims to combine with a technology business with a large and growing addressable market and differentiated architecture. Altimeter 2 is led by Chairman, CEO and President Brad Gerstner and General Counsel Hab Siam

Total SPAC deal count for 2021 year-to-date is now 14 with $3.15 billion in gross proceeds raised. This offering is expected to close on Monday, January 11.


Citigroup Global Markets Inc., Goldman Sachs & Co., LLC, and Morgan Stanley & Co. LLC are acting as book-running managers in the offering.  Ropes & Gray LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.

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