Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
12.01.25
Pillsbury advised Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, which acted as an underwriter and sole book-running manager in connection with the initial public offering of 17,250,000 units of Invest Green Acquisition Corporation (IGAC), a special purpose acquisition company with a focus on the broad renewable energy, sustainable finance and nuclear energy sectors.
The IPO included the underwriter’s full exercise of its overallotment option to purchase an additional 2,250,000 units, bringing total gross proceeds to $172,500,000 before deducting underwriting discounts, commissions and other offering expenses payable by IGAC.
The units began trading on Nasdaq under the ticker symbol “IGACU.” Each unit consists of one Class A ordinary share and one right entitling the holder to receive one-tenth of a Class A ordinary share upon completion of an initial business combination. Once the securities comprising the units begin trading separately, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols “IGAC” and “IGACR,” respectively.
Click here to learn more.
The Pillsbury deal team was led by Corporate partner Stephen Ashley and included counsel Christopher Wing and associates Matt Au and Daniela Guerra.