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Growth Capital Acquisition Corp Announces Closing of $172 5 Million Upsized Initial Public Offering and Full Exercise of the Overallotment Option

Growth Capital Acquisition Corp Announces Closing of $172 5 Million Upsized Initial Public Offering and Full Exercise of the Overallotment Option
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Growth Capital Acquisition Corp Announces Closing of $172 5 Million Upsized Initial Public

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Growth Capital Acquisition Corp. Announces Closing of $172.5 Million Upsized Initial Public . Growth Capital Acquisition Corp.February 2, 2021 GMT ATHENS, Greece, Feb. 02, 2021 (GLOBE NEWSWIRE) Growth Capital Acquisition Corp. (NASDAQ: GCACU) (“Growth Capital” or the “Company”) today announced the closing of its initial public offering of 17,250,000 units, which included 2,250,000 units sold upon the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit, resulting in total gross proceeds of $172.5 million. The units commenced trading on the Nasdaq Capital Market (“Nasdaq”) on January 29, 2021 under the symbol “GCACU”. Each unit consisted of one share of Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share

New yorkUnited statesGeorge syllantavosAkis tsirigakisExchange commissionMaxim groupPurpose acquisition companyHb strategiesCompany contactGrowth capital acquisition corpCapital acquisitionNasdaq capital marketCapital partnersSpecial purpose acquisition companyCo chief executive officers akis tsirigakisHudson bay capital management

Growth Capital Acquisition Corp Announces Pricing of Upsized $150 Million Initial Public Offering

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Growth Capital Acquisition Corp. Announces Pricing of Upsized $150 Million Initial Public Offering Growth Capital Acquisition Corp.January 29, 2021 GMT ATHENS, Greece, Jan. 29, 2021 (GLOBE NEWSWIRE) Growth Capital Acquisition Corp. (NASDAQ: GCACU) (“Growth Capital” or the “Company”) today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to begin trading on the Nasdaq Capital Market (“Nasdaq”) on January 29, 2021 under the symbol “GCACU”. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the shares of Class A common stock and

New yorkUnited statesGeorge syllantavosAkis tsirigakisExchange commissionMaxim groupPurpose acquisition companyHb strategiesCompany contactGrowth capital acquisition corpCapital acquisitionNasdaq capital marketCapital partnersSpecial purpose acquisition companyCo chief executive officers akis tsirigakisHudson bay capital management