Altimeter Growth Corp.

Merged
CIK: 1823340•Ticker: AGC•Merged Ticker: GRAB
Successfully merged with Grab Holdings Limited • Now trading as GRAB

SPAC Overview

$500M
IPO Size
$500M
Trust (as of 2021-09-30)
Completed
Current Status
2020
IPO Year

Timeline Progress

About

Altimeter Growth Corp. is a blank-check company seeking to acquire a business in a secular-growth area of the technology sector, while retaining flexibility to pursue opportunities in any business or industry. It aims to identify and operate a high-growth business to create long-term value for shareholders.

Investment Focus

Technology

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Extended Team Information

Led by Brad Gerstner, founder and CEO of technology-focused investment firm Altimeter Capital, and Hab Siam, Altimeter's General Counsel and Chief Compliance Officer. The team is supported by Altimeter investment professionals with technology investing experience in private and public companies.

Stock Performance

GRAB
Trading Symbol
First Trade
2020-12-01
$11.89
At Merger
2021-12-03
$8.99
-24%
6 Months Post-Merger
2022-06-07
$2.65
-71%
1 Year Post-Merger
2022-12-02
$3.16
-65%
2 Years Post-Merger
2023-12-04
$3.15
-65%
Current Price
2026-10-02
$3.08
-74%

Key Information

IPO Date
2020-10-02
Total Redemptions
$85.7K
PIPE
$4.0B
State of Incorporation
E9
SIC
6770
Completion Date
2021-12-01
Merger Target
Grab Holdings Limited
SPAC Ticker
AGC
Merged Ticker
GRAB