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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

First Day Return: +0.8%

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) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/07/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $200
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Los Angeles, CA, United States
Founded 2021
Employees at IPO 3

Innventure (Learn CW Investment) (INV) Performance