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Innventure (Learn CW Investment) Priced, NYSE: INV

Blank check company formed by Learn Capital and Commonwealth Asset Management targeting education (completed 10/2/2024).

Industry: SPAC

Latest Trade: $10.51 0.00 (0.0%)

First Day Return: +0.8%

Return from IPO: +5.1%

Industry: SPAC

We are a newly incorporated blank check company. Our sponsor is an affiliate of Learn Capital and Commonwealth Asset Management. While we may pursue an acquisition opportunity in any business industry or sector, we intend to focus our search for target businesses in the education, training and education technology (“EdTech”) industries. We intend to build an industry-leading sustainable education platform with attractive returns on invested capital and robust free cash flow generation. By consummating a business combination with a target business in the education, training and EdTech industries, we aim to offer public market investors near-term access and direct investment exposure to the long-term trends favorably impacting these sectors and to the related consolidation and value-creation opportunities. We intend to take a disciplined approach towards consummating an initial business combination with an emphasis on building significant shareholder value over the long-term. We also intend to look for target businesses with proven management teams who will foster an ownership culture with strong alignment of incentives.
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IPO Data
IPO File Date 03/29/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/07/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Evercore ISI
Company Data
Headquarters Los Angeles, CA, United States
Founded 2021
Employees at IPO 3

Innventure (Learn CW Investment) (INV) Performance