- CEO
- Agustin Tristan Aldave
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Homero 109 Mexico City DF Mexico 11560
- IPO Date
- Jul 8, 2025
- Business
- Globa Terra Acquisition Corporation (GTERU) operates as a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands and focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more target businesses. The company targets enterprises primarily in the agribusiness and water sectors across the Americas, with emphasis on North America, including food-tech, ag-tech, bio-tech, controlled environment agriculture, open field crops, water utilities, water treatment, pipelines, desalination, and other water solutions; it seeks businesses with enterprise values between $500 million and $1 billion. Headquartered in Mexico City at Homero 109, Despacho 1602, Polanco, the company was founded in 2024 and lists its units, comprising one Class A ordinary share, three-fourths of a redeemable warrant, and one right for one-tenth of a Class A ordinary share upon business combination completion, on Nasdaq. In July 2025, Globa Terra completed its initial public offering of 17.5 million units at $10 each, raising $175 million including the full underwriter overallotment option managed by D. Boral Capital LLC; on July 25, 2025, it commenced separate trading of its Class A ordinary shares (GTER), warrants (GTERW), and rights (GTERR). As of November 2025, the company has not announced a business combination and recently disclosed a delay in its quarterly 10-Q filing for the period ended September 30, 2025.