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Open Lending (Nebula Acquisition) Priced, Nasdaq: LPRO

Blank check company formed by executives at True Wind Capital to acquire a technology business (completed 6/10/2020).

Industry: SPAC

First Day Return: +0.2%

Industry: SPAC

We are a newly organized blank check company incorporated as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. True Wind Capital Management, LLC, a technology-focused private investment firm, referred to herein as True Wind Capital, is our advisor and the advisor of True Wind Capital, L.P. Our sponsor is a vehicle formed to effect a portfolio investment by True Wind Capital, L.P. We intend to capitalize on the ability of our management team and the broader True Wind Capital platform to identify, acquire, and operate a business in the technology and technology-enabled services sectors that may provide opportunities for attractive long-term risk-adjusted returns, though we reserve the right to pursue an acquisition opportunity in any business or industry.
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IPO Data
IPO File Date 12/18/2017
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/09/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $250
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters San Francisco, CA, United States
Founded 2017
Employees at IPO 3
Website www.truewindcapital.com

Open Lending (Nebula Acquisition) (LPRO) Performance