By Reuters Staff
2 Min Read
FILE PHOTO: The logo and trading information for Lazard Ltd appear on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid
(Reuters) - A blank-check firm backed by investment bank Lazard Ltd is aiming to raise $500 million in a U.S. initial public offering (IPO), a regulatory filing showed on Monday.
The company, Lazard Growth Acquisition Corp. I, said it would sell 50 million units, made up of shares and warrants, at $10 apiece.
The special purpose acquisition company (SPAC) saw attractive investment opportunities in the healthcare, technology, energy transition, financial and consumer sectors, it said. (bit.ly/39eNvvp)