IPO - Profile

MELI Kaszek Pioneer Corp.

Finance > Banks

MEKA

Summary

Offer Price Offer Size 3-Year Outlook Volatility First Day Turnover
$10.00 25,000,000 Positive High 11.03%

Offering Team

  • Legal counsel
  • Cleary Gottlieb Steen & Hamilton LLP
  • Auditors
  • BDO USA, LLP

Deal Highlights

MELI Kaszek Pioneer Corp is a newly-incorporated Cayman Islands exempted company structured as a blank check company whose business purpose is to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, to which we refer throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. 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 companies operating in Latin America across a number of verticals, including, but not limited to, commerce, financial services, logistics, healthcare, education, enterprise software and entertainment. MELI Kaszek Pioneer reunites the founders and key members of the founding team of MELI, who worked as a cohesive unit during the company’s first decade, from 1999 to 2011. They were pioneers in identifying the potential for disruption through technology in Latin America, and MELI became the region’s most valuable technology company as of the date of this prospectus in terms of market capitalization. Several of the founders of MELI were subsequently pioneers in bringing global venture capital at scale to the vibrant Latin American tech ecosystem, and Kaszek is now the largest early-stage, technology-focused venture capital manager in Latin America.

Deal Tracker

IPO Dates

Filing 28 Sep, 2021

Offer 29 Sep, 2021

Look Ahead

Lock Up Expiry Mar 29, 2022

IPO Terms

Offer Price $10.00
Offer Size 25M

Market Sentiments

Stock Price