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Valor Latitude Acquisition Priced, Nasdaq: VLATU

Blank check company formed by Valor Capital Group targeting tech-enabled Latin American businesses (liquidated).

Industry: SPAC

First Day Return: +0.3%

Valor Latitude is a newly organized blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus our search for an initial business combination on technology-enabled Latin American companies seeking to become category-defining enterprises and those targeting or expected to pursue cross-border expansion. A number of sectors, ranging from financial services, health & wellness, education, e-commerce and logistics are undergoing rapid, technology-led disruption and consolidation. Many of the trends driving disruption in Latin America have been witnessed in the US, and are more powerful and more accelerated as a result of a high concentration of legacy technology incumbents, deep-rooted inefficiencies, supportive demographic dynamics, proliferation of mobile technology, and direct government actions aimed at promoting competition and innovation. Our sponsor is an arm of Valor Capital Group (“Valor Capital” or “our Sponsor”), a leading investment firm focused on Brazil and US-Brazil cross-border opportunities with a presence in New York, the Silicon Valley and São Paulo.

Valor Latitude Acquisition (VLATU) Performance

Created with Highcharts 10.3.2Chart context menuVLATU vs. IPO Index (IPOUSA)Jul 2021Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 20250%-100%-50%+ 50%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index