Lazard Growth Acquisition Corp. I is a special purpose acquisition company (SPAC) sponsored by Lazard Ltd., one of the world’s preeminent financial advisory and asset management firms. Incorporated in Delaware, the company is a blank‐check vehicle formed to raise capital through an initial public offering and subsequently identify, acquire, and merge with a private business, thereby providing that business with a path to public markets. The SPAC structure allows Lazard Growth Acquisition Corp. I to leverage Lazard’s longstanding relationships and industry expertise to source and execute a value‐creating transaction.
The company’s primary business activity is to seek a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the SPAC has not yet announced a definitive acquisition target, its charter permits a wide range of industries, with a focus on high‐growth sectors such as technology, healthcare, fintech, and consumer services. By targeting companies with strong growth prospects, Lazard Growth Acquisition Corp. I aims to combine the resources and advisory capabilities of Lazard with innovative businesses poised for accelerated expansion.
Lazard Growth Acquisition Corp. I benefits from the deep global network and industry knowledge of its sponsor. While the SPAC’s day‐to‐day leadership team comprises investment professionals experienced in deal origination, due diligence, and transaction execution, it also draws on Lazard’s research, corporate finance, and strategic advisory platforms. Upon identification of a suitable target, the company plans to convene a shareholder vote to approve the proposed business combination and move forward with the transition from a blank‐check entity to an operating public company.
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