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Dragoneer’s SPAC Leads 3 Blank Check IPOs Totaling $1.04B

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Dragoneer’s SPAC Leads 3 Blank Check IPOs Totaling $1.04B

Dragoneer’s SPAC Leads 3 Blank Check IPOs Totaling $1.04B

Law360 (August 14, 2020, 6:08 PM EDT) — Dragoneer Growth Opportunities, a blank check company formed by Dragoneer Investment Group, rose to the top of a trio of blank-check companies that started trading Friday after raising a combined $1.04 billion in initial public offerings.

Dragoneer Growth Opportunities Corp. saw its units open Friday at $10.60 on the New York Stock Exchange after raising $600 million in an IPO steered by Ropes & Gray and Maples and Calder. Units for a second company, dMY Technology Group Inc. II, opened at $10.05 after the company brought in $240 million in a White & Case-steered IPO. And Lionheart Acquisition II’s units opened…

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