Lazard Growth Acquisition Corp. I

Lazard Growth Acquisition Corp. I

LGACW
Lazard Growth Acquisition Corp. IUS flagNASDAQ Capital Market
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Capital Structure

FRC

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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
Alexander Franz Stern
Sector
Financial Services
Industry
Shell Companies
Address
30 Rockefeller Plaza New York City NY United States of America
IPO Date
Apr 5, 2021
Business
Lazard Growth Acquisition Corp. I operates as a blank check company incorporated as a Cayman Islands exempted company whose principal business activity is to effect a merger, share exchange, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The company targets high-growth opportunities across healthcare, technology, energy transition, financial and consumer sectors, though its efforts are not limited to specific industries or geographic regions. It does not engage in other operations prior to completing an initial business combination. Headquartered in New York with principal executive offices at 30 Rockefeller Plaza, the company was newly organized in 2020 ahead of its February 2021 initial public offering. In February 2023, unable to identify or consummate a suitable business combination within its mandated 24-month period, Lazard Growth Acquisition Corp. I announced the redemption of all outstanding public shares at approximately $10.19 per share from its trust account, delisted its securities from Nasdaq effective February 21, 2023, allowed its warrants to expire worthless with no distributions, and proceeded to liquidate and dissolve, ceasing all operations except those necessary for winding up. Lazard Ltd maintains a significant ownership stake of approximately 20% through its subsidiaries.