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Laris Growth Acquisition Targets $200 Million Nasdaq Listing

Laris Growth Acquisition has formally signaled its intent to go public, filing for a $200 million initial public offering with the U.S. Securities and Exchange Commission. The blank-check company aims to debut on the Nasdaq exchange under the ticker symbol LARSU, positioning itself to capitalize on its management’s technology investment pedigree.

The offering consists of 20 million units priced at $10 each. Investors participating in the IPO will receive one share of common stock paired with one-half of a redeemable warrant. These warrants allow holders to purchase additional shares at a strike price of $11.50.

Yoon Onn Ho leads the company as chief executive. Ho previously established The Laris Family Office in 2019, a firm dedicated to technology sector investments. The company intends to leverage this background, specifically targeting industries that align with the management team's prior experience and expertise.

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