Gibraltar SPAC files final IPO prospectus, seeks up to $115 mln

Affiliates of Gibraltar & Co Inc have filed a final prospectus with Canadian securities regulatory authorities for the initial public offering of Gibraltar Growth Corp, a special purpose acquisition corporation (SPAC). The offering will seek to raise up to $115 million in gross proceeds, including proceeds obtained from an over-allotment option granted to underwriters. As previously reported by PE Hub Canada, the Gibraltar SPAC is focused on acquiring and growing consumer-facing companies in North America with an enterprise value of up to $750 million. The offering is expected to close on or about October 2nd.

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