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 started trading at $10.01 – up 1 penny – in its NASDAQ debut on Tuesday, Nov. 25, 2025. The stock held steady at $10.01 at around 1:35 p.m. EST, when volume for the day so far was about 4.5 million.

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.