Warburg Pincus Capital Corporation I—B

General Information

(Note: This is a new blank-check company sponsored by an affiliate of Warburg Pincus, one of the world’s oldest private equity firms. This blank check, or special purpose acquisition company, aka SPAC, is incorporated in the Cayman Islands. The company has not yet identified a target sector.)

We intend to identify a target with strong fundamental growth that could benefit from Warburg Pincus’ longstanding experience, global presence, domain expertise, operational support and extensive networks and that presents potential for an attractive risk-adjusted return profile. Following a business combination, we intend to work with the target’s management team to help drive growth and long term, sustainable value creation at the company.

(Note: Warburg Pincus Capital Corp. I-B priced its SPAC IPO on March 4, 2021, in line with the terms in its prospectus: 50 million units at $10 each to raise $500 million.)

Employees: 0
Founded: 2020
Contact Information
Address 450 Lexington Avenue New York, New York 10017
Phone Number (212) 878-0600
Web Address
View Prospectus: Warburg Pincus Capital Corporation I—B
Financial Information
Market Cap $625.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol WPCB.U
Exchange NYSE
Shares (millions): 50.0
Price range $10.00 - $10.00
Est. $ Volume $500.0 mil
Manager / Joint Managers Citigroup/Credit Suisse/Evercore
CO-Managers -
Expected To Trade: 3/5/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change