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L Catterton Latin America Acquisition Corp. (LCLA)

L Catterton Latin America Acquisition will go public soon, but the exact IPO date is still unknown.
Stock Price: $10.00
Confirmed IPO price

Company Description

L Catterton Latin America Acquisition Corp is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

We intend to focus our search on attractive categories in high-growth consumer sectors across Latin America. We will not pursue an initial target company whose primary business is investing in oil or gas reserves or real estate.

Latin America has many underlying consumer dynamics and fundamentals that combine to drive the region’s attractiveness for investment opportunities.

As a whole, the region has six of the world’s 30 largest cities in terms of population, a median age of 31, and a rapidly emerging middle-class that is expected to represent approximately 50% of the region’s population by 2030, according to the Atlantic Council.

With 81% of its population living in cities, according to the World Bank, Latin America is a highly urbanized developing market. This urbanization implies a number of benefits, since consumers are more concentrated and thus more accessible and targetable by brands, products and services.

These trends present a significant opportunity for disruptive companies and concepts to engage a new generation of consumers through more authentic connections and differentiated experiences.

L Catterton Latin America Acquisition Corp.
CountryUnited States
IPO DatePending
IndustryBlank Check / SPAC
CEORicardo Salmon

Contact Details

599 West Putnam Avenue
Greenwich, CT 06830
United States

Stock Details

Ticker SymbolLCLA
Reporting CurrencyUS Dollars
IPO Price$10.00
CIK Code1854906

Key Executives

Dirk DonathExecutive Chairman
Ricardo SalmonChief Executive Officer and Director
Rebecca FrancoController