LDH Growth Corp I, a blank-check company backed by SoftBank Group Corp Chief Operating Officer Marcelo Claure, said on Friday it was looking to raise up to $200 million in its initial public offering.
The company, controlled by an affiliate of SoftBank, said it planned to sell 20 million units of shares and warrants at $10 each.
A blank-check firm, also known as a special purpose acquisition company (SPAC), uses capital raised through an IPO to acquire a private company, typically within two years, which becomes public when merged.
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