World Quantum Growth Acquisition, a blank check company led by the former LSEG CEO targeting the financials sectors in the US and EMEA, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
The company is led by CEO and Chairman Xavier Rolet, the former CEO of the London Stock Exchange Group (LSEG), and CFO and Director Serge Harry, who previously served as the CFO of Euronext, through its 2001 IPO and its $20 billion merger with the NYSE. The company plans to target the financial and fintech sectors in the US and EMEA region as well as relevant technology firms supporting these sectors.
World Quantum Growth Acquisition plans to list on the NYSE under the symbol WQGA.U. Credit Suisse acted as a lead manager on the deal.
