MELI Kaszek Pioneer Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MEKA” Wednesday, September 29.
The Company is sponsored by Mercado Libre and Kaszek and aims to partner with a technology business in Latin America that has utilized innovation and entrepreneurial vocation to tackle structural challenges, including social inequality, financial inclusion, access to health and education, jobs creation and general high transaction inefficiencies. MELI Kaszek Pioneer is led by Co-CEO Pedro Arnt, Co-CEO and Chairman Hernan Kazah and CIO Angel Uribe.
Total SPAC deal count for 2021 year-to-date is now 445. This offering is expected to close on Friday, October 1.
BofA Securities, Inc., Goldman Sachs & Co. LLC, Allen & Company LLC and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering. Cleary Gottlieb Steen & Hamilton LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. BDO USA, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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