The IPO Buzz: Invest Green Acquisition (IGACU) Raises $150 Million

Invest Green Acquisition (IGACU) priced its SPAC IPO in sync with the terms – 15 million units at $10.00 each – to raise $150 million on Monday night, Nov.24, 2025.

Each unit consists of one share of common stock and one right to receive one-tenth (1/10th) of a share upon the consummation of an initial business combination.

At pricing, Invest Green Acquisition brought this year’s tally of SPAC IPOs to 121.

Invest Green Acquisition is expected to start trading tomorrow – Tuesday, Nov. 25, 2025 – on the NASDAQ.

Cohen & Company Capital Markets served as the sole book-runner.

“We intend to focus our search for an acquisition target on the renewable energy, sustainable finance and nuclear energy sectors,” the company said in the prospectus.

CEO Andrew McLean is a co-founder and the CEO of Invest Green Enterprises, an investor group focused on the promotion of sustainable investment. He is also a director of Invest Green Acquisition. 

On the road to going public, Invest Green Acquisition cut its SPAC IPO to 15 million units – down from 20 million units originally – its SEC filing on Sept. 26, 2025, showed.