The company, dubbed Meli Kaszek Pioneer, has already applied for registration with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 25 million Class A common shares at $10 each. In a statement, the two companies said the new company will be listed on the Nasdaq under the ticker “MEKA”. BofA Securities Inc, Goldman Sachs Group Inc, Allen & Company LLC and JPMorgan Chase & Co will run the IPO. “The company intends to raise capital through the IPO for the acquisition of a target company in the Latin American digital ecosystem,” said Mercado Livre, as Mercadolibre is known in Brazil, and Kaszek in the statement.

https://www.reuters.com/article/mercadolibre-kaszek/mercadolibre-kaszek-launch-spac-for-investing-in-latam-startups-idUSL1N2QF2KZ