Invest Green Acquisition Corporation has confirmed the successful closing of its initial public offering, raising $172,500,000 in gross proceeds following full exercise of the underwriters’ overallotment option. The offering, completed on 26 November 2025, saw the sale of 17,250,000 units at $10.00 per unit.
The units began trading on the Nasdaq Global Market on 25 November under the ticker “IGACU”. Each unit is made up of one Class A ordinary share and one right, which entitles the holder to receive one-tenth of a Class A ordinary share once the company completes its initial business combination. When the securities separate, the Class A ordinary shares and rights are expected to trade under the symbols “IGAC” and “IGACR”.
According to the company, the funds will support its plans to pursue a merger, share exchange, asset acquisition or similar combination. While Invest Green Acquisition Corporation is not restricted to a specific industry, it intends to focus on opportunities within renewable energy, sustainable finance and nuclear energy. These areas, the firm said, remain central to the global clean energy transition and offer pathways towards maintaining reliable and affordable energy systems. The company noted that its management team believes its operational and investment experience provides a competitive advantage when assessing potential targets.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, served as sole book-running manager for the offering. The public sale was conducted solely through a prospectus, available through the firm’s Prospectus Department.
The registration statement for the securities became effective on 24 November 2025. The company stressed that the announcement should not be interpreted as an offer to sell or a solicitation to buy securities in any jurisdiction where such activity would be unlawful without proper registration.
The firm also included cautionary language on forward-looking statements, noting that plans for the use of net proceeds and expectations around a future business combination remain subject to risks and uncertainties. Relevant disclosures are available through filings with the U.S. Securities and Exchange Commission at www.sec.gov.
