We are founders supporting founders and we believe competition around the IPO process offers companies important flexibility and choice. SINGAPORE - Super-app Grab will list in the United States on Thursday (Dec 2), after Altimeter Growth Corp's investors approved the merger between the two companies. April 13, 2021 1 minute read After more than a month of rumors, Grab Holdings today announced it intends to go public in the U.S. in partnership with Altimeter Growth in what is expected to be the largest-ever SPAC deal or U.S. equity offering by a Southeast Asian company. The combined entity will trade . GRAB / Altimeter Growth Corp. short borrow fee rates are shown in the following table. The Schedule 13D indicates that the investor holds (or held) more than . Southeast Asia's biggest ride-hailing and food delivery firm Grab Holdings is in talks to go public through a merger with a U.S. special purpose . Grab Holdings Inc. is in advanced talks to go public through Altimeter Capital's first blank-check company, in a deal that could value the Southeast Asian ride-hailing giant at about $40 billion . Buying Altimeter Growth (AGC) stock on merger rumors It still isn't certain whether AGC will merge with Grab. SPAC stands for "special purpose acquisition company," but they are often better known as "blank-check companies." With a SPAC, investors plug in . Grab is the ASEAN tech giant that will be injected into Altimeter Growth Corp in a SPAC deal announced in 2Q21. Altimeter Growth shares have climbed to $15 from $13.95 before the deal was announced, suggesting stock market investors like the merger. Grab said in April it is set to have a market value of about $40 billion after the combination with Altimeter Growth Corp., the SPAC of Brad Gerstner's Altimeter Capital Management. MENLO PARK, Calif., Nov. 30, 2021 /PRNewswire/ -- Altimeter Growth Corp. ("AGC" or "the company") (NASDAQ: AGC) today announced AGC shareholders approved the previously . SE. Altimeter is very committed to the SPAC deal According to the Grab Investor presentation dated April 2021 there will be a three-year lock-up on sponsor promote shares showing Altimeter's long term. Before today, AGC stock had risen 50% over the past month as excitement built for the reverse merger with Grab . Monday, he highlighted one of the good ones, Altimeter Growth Corp , which will soon be merging with Grab, the dominant ride sharing platform in Singapore and Southeast Asia. Grab has raised $12 billion to date and has a cash reserve of about $5 billion. This fee is shown as an annual percentage rate (APR). Grab is referred to as a "Super App" because it has so many functions. Grab Holdings Inc. announced Tuesday its merger with special purpose acquisition company Altimeter Growth Corp. ahead of the plan to hold the largest initial public offering in the United States by a Southeast Asian company. Grab expects its total addressable market to grow from roughly $52 billion in 2020 to over $180 billion by 2025, so . JPY. New York, New York-- (Newsfile Corp. - May 16, 2022) - The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Grab Holdings Limited. Grab was founded on the belief that a technology company in Southeast Asia could both run profitably and create sustainable social impact. Singapore-headquartered Grab announced on Tuesday it will go public through a merger with Altimeter Growth Corp. a deal set to value the ride-hailing company at $39.6 billion. Total revenue was $180 million, up 132% year-over-year ("YoY"). MENLO PARK, Calif., Nov. 30, 2021 /PRNewswire/ -- Altimeter Growth Corp. ("AGC" or "the company") (NASDAQ: AGC) today announced AGC shareholders approved the previously announced business . MENLO PARK, Calif., Nov. 30, 2021 /PRNewswire/ -- Altimeter Growth Corp. ("AGC" or "the company") (NASDAQ: AGC) today announced AGC shareholders approved the previously announced business. SPAC Altimeter Growth (NASDAQ:AGC) rose 3% in after hours trading after holders approved the deal to take Southeast Asian ride-sharing company Grab public. - December 1, 2021 (Eastern Time) - Grab Holdings Limited ("Grab"), Southeast Asia's leading superapp [1], today completed its previously announced business combination with Altimeter Growth Corp. (Nasdaq: AGC) ("Altimeter"), a special purpose acquisition company. This company raised $250 million last year. 2021-04-13 sec.gov - Exhibit 2.1 Execution Copy BUSINESS COMBINATION AGREEMENT by and among Altimeter Growth Corp., J1 Holdings Inc., J2 Holdings Inc., J3 Holdings Inc., and Grab Holdings Inc. dated as of April 12, 2021 TABLE OF CONTENTS Page ARTICLE I CERTAIN DEFINITIONS 5 Section 1.1. Lenders are funds or individuals that own the security that have indicated to the broker . It's been a rumor for a little while now and today we have it -- Brad Gerstner's Altimeter Growth is taking Grab public in a deal valued at $30.36B ($40B equity value). - April 13, 2021 - Grab Holdings Inc. ("Grab"), Southeast Asia's leading superapp [1], today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: "AGC") in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. It's a big . That said, there's massive investor interest in the ride-hailing company. Altimeter Growth (NASDAQ: AGC), which is a SPAC in a deal to take Southeast Asia ride-hailing giant Grab ( GRAB ), public jumped 20% amid social media promotion. Posters on StockTwits highlighted . Altimeter's 15.1% stake in . HONG KONG (AP) Southeast Asia's largest ride-hailing company, Grab Holdings, said Tuesday that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion and allow it to trade on the Nasdaq Stock Market. Grab's common stock began trading on Nasdaq on December 2, 2021 under the symbol "GRAB." SPAC Altimeter Growth Corp. (NASDAQ:AGC) jumped 23%. Altimeter Growth is a special purpose acquisition company (SPAC) that will eventually merge with a company called Grab to take that company public. SINGAPORE (BLOOMBERG) - Altimeter Growth Corp, the blank-cheque company merging with internet giant Grab Holdings, is hovering just a few cents above its record low after sinking 28 per cent since . Southeast Asia's largest ride-hailing company, Grab Holdings, said Tuesday that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion and . Southeast Asia's ride-hailing giant Grab announced Tuesday it is set to go public through a SPAC merger with Altimeter Growth Corp., in a deal that values the company at $39.6 billion the . Altimeter Growth Corp. ("AGC" or "the company") (NASDAQ: AGC) today announced AGC shareholders approved the previously announced business combination with Grab, Southeast Asia's leading superapp . Southeast Asia's biggest ride-hailing and food delivery firm Grab Holdings is in talks to go public through a merger with a U.S. special purpose . The business combination was approved by Altimeter stockholders in a special meeting held on November 30, 2021. Altimeter Growth Corp's shares have gained 25% since listing. Altimeter Growth Corp. (XNAS:GRAB) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. That would make it the largest SPAC merger ever, more than double current record . (Bloomberg) -- Grab Holdings Ltd., Southeast Asia's biggest ride-hailing and delivery company, fell sharply in its first day of trading after completing its merger with Altimeter Growth Corp . Altimeter Growth Corp. This is why its SPAC partner, Altimeter Growth, is down nearly 10% this morning. Grab's scale in Southeast Asia. Really, that's the selling point of Grab as an investable business venture. Singapore-based ride-hailing service Grab plans to go public in the U.S. through a merger with Altimeter Growth in the largest SPAC deal ever, the companies announced Tuesday.Valued near $39.6 . Home : Altimeter Growth I nvestment. SINGAPORE AND MENLO PARK, CALIF. - December 1, 2021 (Eastern Time) - Grab Holdings Limited ("Grab"), Southeast Asia's leading superapp 1, today completed its previously announced business combination with Altimeter Growth Corp. (Nasdaq: AGC) ("Altimeter"), a special purpose acquisition company.The transaction raised gross proceeds of US$4.5 billion in the largest-ever U.S. public market debut . Altimeter Growth 2's . Warrant KYG4124C1179 / Grab Holdings Ltd Announces Effectiveness of Registration Statement and Extraordinary General Meeting Date for Proposed Business Combination with Grab PRESS RELEASE PR Newswire Nov. 19, 2021 . We hold ourselves responsible to the environment and socio-economic development of this region, not just for today, but also for the future. In depth view into Altimeter Growth PE Ratio explanation, calculation, historical data and more GRAB FINAL DEADLINE TOMORROW: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Grab Holdings Limited f/k/a Altimeter Growth . Grab's common stock is expected to begin trading on the Nasdaq on December 2, 2021 . * altimeter growth corp - grab posted gmv of approximately us$12.5 billion in 2020, surpassing pre-pandemic levels and more than doubling from 2018 * altimeter growth corp - grab pipe was upsized . Altimeter Growth's stock (Nasdaq:AGC) was mixed on the Grab merger news Thursday. Altimeter Growth Corp and Altimeter Growth Corp . Altimeter Growth Corp 2 (NYSE:AGCB) rose 12%. The deal, which values Grab at $40 billion, was approved by Altimeter's shareholders on Tuesday, Altimeter said in a statement. ; Shareholder redemptions were almost 0% . Grab and Altimeter Growth Corp. (Nasdaq: AGC) today also filed with the U.S. Securities and Exchange Commission ("SEC") a draft registration statement on Form F-4 (the "Registration . Sources today claim that Grab will merge with Altimeter Growth 1. Altimeter's mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth. Warrant KYG4124C1179 / Grab Holdings Ltd O pportunity. It wasn't known which Altimeter SPAC vehicle Grab was in discussions with, . AGCWW PE Ratio as of today (June 07, 2022) is N/A. This is why its SPAC partner, Altimeter Growth, is down nearly 10% this morning. Altimeter Growth Corp. Shares opened the trading day at $13.06 apiece under ticker symbol "GRAB," following a deal with Altimeter Growth Corp. that valued the four-time CNBC Disruptor 50 company at nearly $40 billion . Altimeter Growth currently has a high short . Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. But it plunged to as low as $12.80 later in the morning. Altimeter Growth Corp and Altimeter Growth Corp . Pursuant to the proposed transactions, Altimeter Growth and Grab will become wholly-owned subsidiaries of a new holding company. The deal is. Nov. 30, 2021, 04:05 PM. Here are four reasons why Altimeter Growth (AGC) could be the next number one short squeeze: Reason #1) Grab: Grab is the #1 Super App in Southeast Asia. Grab is referred to as a "Super App" because it has so many functions. The business combination closed December 1, 2021 after Altimeter Growth Corp.'s investors approved the deal. MENLO PARK, Calif., Nov. 30, 2021 /PRNewswire/ -- Altimeter Growth Corp. ("AGC" or "the company") (NASDAQ: AGC) today announced AGC shareholders approved the previously announced business combination with Grab, Southeast Asia's leading superapp, at an extraordinary meeting of shareholders today. Grab's journey to becoming a U.S.-listed public company is going to be facilitated by a definitive business combination agreement between Grab and Altimeter Growth, a special purpose acquisition company (SPAC). The combined . Altimeter Growth Corp. 2, one of Gerstner's two blank-check companies, would provide Grab, the leading superapp in Southeast Asia, with $4.5 billion in cash proceeds in the merger transaction. Grab will combine with the fund Altimeter Growth Corp (NASDAQ: AGC) that raised $450 million last year. P artnership. Short Borrow Fee Rates GRAB / Altimeter Growth Corp. short borrow fee rates are shown in the following table. GRAB / Altimeter Growth Corp. Institution: BBIEX - Bridge Builder International Equity Fund: Latest Disclosed Ownership: 54,109 shares: Latest Disclosed Value: $ 189,381: Related: AGC / Altimeter Growth Corp. Class A AGCUU / Altimeter Growth Corp. Unit AGCWW / Altimeter Growth Corp. Singapore-based Grab also said in a statement that it was making progress on its record merger deal agreed with U.S. special-purpose acquisition company (SPAC) Altimeter Growth Corp (AGC.O . Grab is unlike any company in the US or Europe. Follow Our Sustainability Journey View Our 2021 ESG Report Grab cofounders Anthony Tan and Tan Hooi Ling (no relation) will ring. Before today, AGC stock had risen 50% over the past month as excitement built for the reverse merger with Grab.. Altimeter Growth Corp's shares have gained 25% since listing. SPAC Altimeter Growth Corp. (NASDAQ:AGC) rose 3.1% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public. This fee is shown as an annual percentage rate (APR). Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp (AGC.O) securing a . - December 1, 2021 (Eastern Time) - Grab Holdings Limited ("Grab"), Southeast Asia's leading superapp 1, today completed its previously announced business combination with Altimeter Growth Corp. (Nasdaq: AGC) ("Altimeter"), a special purpose acquisition company. Definitions 5 Section 1.2. Contact Information Altimeter Growth Corporation (Nasdaq: AGC) is a special purpose investment vehicle sponsored by Altimeter Growth Holdings ("Altimeter"), which is part of the Altimeter Capital Markets Platform, formed to invest in and help bring a world-class technology company to the public markets. It was the world's. Grab said the merger with Altimeter, which will bring $4bn from Altimeter and other heavyweight investors such as Blackrock, T Rowe Price, Fidelity and others, would allow it to build on its growth. Altimeter Growth and Grab will become fully-owned subsidiaries of a new holding company, which is expected to be valued at $39.6 billion on an initial proforma equity basis. The figures could . It opened at $14.55, up by about 2%. Ropes & Gray also advised Altimeter in connection with the $4 billion PIPE relating to the business combination, the largest PIPE ever raised. Grab said in a statement it was planning to go public in the United States in partnership . This table shows the interest rate that must be paid by a short seller of US:GRAB to the lender of that security. Its latest results show that it is on track to achieve our GMV (gross merchandise. Grab's planned business combination with Altimeter Growth Corp. (Nasdaq: AGC), a special purpose acquisition company, continues to progress and is expected to close in the fourth quarter. Since its market debut in 2017, Sea Limited 's ( SE -0.24% ) stock price has spiked over 1,500%, making it one of the world's best-performing stocks over that time. Adjusted EBITDA for Q2 2021 was $(214) million and Net Loss was $(815) million. At Altimeter, our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth. Grab will combine with the fund Altimeter Growth Corp (NASDAQ: AGC) that raised $450 million last year. -79.00 -1.47%. Grab Holdings Ltd., Southeast Asia's biggest ride-hailing and delivery company, fell sharply in its first day of trading after completing its merger with Altimeter Growth Corp., the largest deal . This table shows the interest rate that must be paid by a short seller of US:GRAB to the lender of that security. Grab on Tuesday announced it will go public through a SPAC merger with Altimeter Growth Corp., in a deal that will value the ride-hailing company at $39.6 billion. Investors voted to approve the merger of ride-hailing provider Grab Holdings Inc. and Altimeter Growth Corp., completing one of the largest special purpose acquisition company . Here are four reasons why Altimeter Growth (AGC) could be the next number one short squeeze: Reason #1) Grab: Grab is the #1 Super App in Southeast Asia. Announces Effectiveness of Registration Statement and Extraordinary General Meeting Date for Proposed Business Combination with Grab Read full article November 19, 2021, 12 . Altimeter manages a variety of venture and public funds and serves as an expert long-term partner to companies as they enter the public markets. . Grab will raise $2.5 billion in total financing, with nearly $1.2 billion coming from Altimeter in the deal that will give Grab a valuation near $35 billion, the report said. Southeast Asia's largest ride-hailing company, Grab Holdings, said Tuesday that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion and allow it to trade on the Nasdaq Stock Market. The Southeast Asian company as a . Grab Holdings Ltd., Southeast Asia's biggest ride-hailing and delivery company, fell sharply in its first day of trading after completing its merger with Altimeter Growth Corp., the largest deal. GRAB / Altimeter Growth Corp. Institution: BBIEX - Bridge Builder International Equity Fund: Latest Disclosed Ownership: 54,109 shares: Latest Disclosed Value: $ 189,381: Related: AGC / Altimeter Growth Corp. Class A AGCUU / Altimeter Growth Corp. Unit AGCWW / Altimeter Growth Corp. Altimeter Growth Corp. Apr 13, 2021. Altimeter Growth 1 raised $450 million in 2020 and its share price surged 25 percent, the source told FT Save. According to an April 2021 SEC filing made by Altimeter Growth, the blank-check company that would later merge with Grab, the value of transactions for the startup's ride-hailing services in 2020 . Brad Gerstner's AGC announced . The Grab deal with Altimeter is on track to be the largest SPAC merger to date, per FT. .