NEW YORK – (AFTERNOON PRAYER) – Lead Edge Growth Opportunities, Ltd (the “Company”), a purpose-built construction company created specifically to engage in mergers with one or more businesses, today announced the prices of its first public offering of 30,000,000 units at its price of $ 10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will trade under the ticker symbol “LEGAU” commencing on 23 March 2021. Each unit is made up of one standard share. Class A of the Company and one-fourth of one redemption warrant. Each full warranty entitles its owner to one standard Class A share of the Company at a price of $ 11.50 per share. Only a full warranty is feasible. Once the securities in the separate trading units begin, it is expected that ordinary Class A shares and securities will be listed on Nasdaq under the symbols “LEGA” and “LEGAW,” respectively. No fractional warranty will be given when the units are split and only a full trade warranty. The offer is expected to close on March 25, 2021, subject to normal closing conditions.
The Company, which will be led by its Chairman and CEO, Mitchell H. Green, will seek opportunities with high-end software, internet and technology companies. The Company’s affiliate is affiliated with Lead Edge Capital Management, LLC, a growth equity investment firm based in New York, New York and Santa Barbara, California.
Credit Suisse Securities (USA) LLC and JP Morgan Securities LLC serve as joint book running managers for this offer. The Company has given subscribers a 45-day option to purchase up to 4,500,000 additional units for over-lots, if any.
The offer is made only by brochure. When available, copies of the guide can be obtained from: Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, NC 27560, Tel: 1-800-221-1037, post- d: [email protected]; or JP Morgan Securities LLC, Attn: Prospectus Department, c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Tel: 1-866-803-9204, email: [email protected]
The registration statement relating to the securities came into effect on March 22, 2021. This press release shall not constitute an offer for sale or solicitation of an offer to purchase, and no sale of such securities shall be made in any state or jurisdiction. in which such offer, application or sale would be illegal prior to your registration or certification under the laws of any state security or jurisdiction.
Warning note for forward-looking statements
This press release contains statements which comprise “forward-looking statements,” including the proposed initial public offering, the identification of original business mix and their use. expected of the net profits. No guarantee can be given that the offer discussed above will be completed in accordance with the conditions described, or at all, or that the net proceeds of the offer will be used as indicated. Forward-looking statements are subject to a number of conditions, many of which are beyond the Company’s control, including those described in the risk factors section of a registration statement. of the Company and a preliminary forecast for the Company’s bid filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC website, www.sec.gov. The Company assumes no responsibility to update these statements for revisions or changes after the date of this press release, except as required by law.