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Innoviz Technologies (Collective Growth Corp) Priced, Nasdaq: INVZ

Blank check company led by former Canopy Growth execs targeting the cannabis industry (completed 4/5/2021).

Industry: SPAC

First Day Return: -0.4%

We initially intend to focus our search for target businesses on companies operating in the Federally permissible cannabinoid industry which are compliant with all applicable laws and regulations within the jurisdictions in which they are located or operate. In particular, we will not invest in or consummate a business combination with a target business that we determine has been operating, or whose business plan is to operate, in violation of U.S. federal laws, including the U.S. Controlled Substances Act. We anticipate focusing on target businesses that service or operate adjacent, or ancillary, to the cannabis industry but which are not directly involved in the production, distribution or sale of cannabis. If we consummate a business combination with a target business that is not operating in the Federally permissible cannabinoid industry, certain of the information contained in this prospectus will not be relevant.
IPO Data
IPO Date 04/30/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $150
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Austin, TX, United States
Founded 2019
Employees at IPO 4

Innoviz Technologies (Collective Growth Corp) (INVZ) Performance

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