Altimeter Growth Corp.

Altimeter Growth Corp.

AGCUU
Altimeter Growth Corp.US flagNASDAQ Capital Market
11.87
USD
-1.70
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Bradley Thomas Gerstner
Sector
Financial Services
Industry
Shell Companies
Address
2550 Sand Hill Road Menlo Park CA United States of America 94025
IPO Date
Oct 1, 2020
Business
Altimeter Growth Corp. (AGCUU) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, primarily targeting high-growth technology companies. Incorporated on August 25, 2020, as a Cayman Islands exempted company and headquartered in Menlo Park, California, the company offers no current products or services beyond its SPAC structure, which provides scalable capital to visionary entrepreneurs through public market access. In December 2021, Altimeter Growth Corp. completed a landmark reverse merger business combination with Grab Holdings Limited, Southeast Asia's leading superapp for ride-hailing, food delivery, and financial services, in the largest SPAC transaction to date valued at approximately $40 billion on a pro forma basis; the deal raised $4.5 billion in gross proceeds, including a record $4.0 billion PIPE led by Altimeter Capital Management and investors such as BlackRock, Fidelity, and Temasek. Post-merger, Altimeter Growth and Grab became wholly-owned subsidiaries of a new holding entity, with Grab's shares trading on Nasdaq under the ticker GRAB starting December 2, 2021, while AGCUU units continue to reflect residual trading activity tied to the original structure. No further acquisitions, funding rounds, product launches, or major strategic shifts have been reported for Altimeter Growth Corp. in the last 1-2 years.

Company News

APIChat
  • Altimeter Growth (OTCMKTS:AGCUU) Shares Down 12.5% – Should You Sell?

  • An IFRS-Updated Complete And Comprehensive Fundamental Analysis Of Grab And AGC

  • Altimeter Growth Stock Is Trading Higher As Singapore's Grab Eyes Public Listing Via $35B SPAC Merger: FT

  • Altimeter Growth shares jump premarket on FT report it'll merge with Singapore's Grab

  • Altimeter Growth Stock Price Increased Over 15% Pre-Market: Why It Happened

  • Altimeter Growth Corp. 2: SPAC Investing In Tech Companies Alongside A $16 Billion Hedge Fund Manager

  • Altimeter Growth Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing November 23, 2020