Ivanhoe Spac targets US IPO for green energy investments

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By Jonathan Breen
06 Jan 2021

Singapore-based Ivanhoe Capital, led by mining billionaire Robert Friedland, is floating a special purpose acquisition company (Spac) on the New York Stock Exchange.

Ivanhoe Capital Acquisition Corp, a so-called blank cheque company, is aiming to raise at least $200m to invest in industries related to the global shift away from fossil fuels.

It is offering 20m units at a fixed price of $10 for its IPO. Each unit comprises a class ...

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