Global Consumer Acquisition Corporation Announces Closing of $170,000,000 Initial Public Offering

Jun 11, 2021

MARIETTA, GA, June 11, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Global Consumer Acquisition Corporation (the “Company”) announced today that it closed its initial public offering of 17,000,000 units at $10.00 per unit. The units are listed on the Nasdaq Capital Market (“Nasdaq”) and began trading on Wednesday, June 9, 2021, under the ticker symbol “GACQU”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “GACQ,” and “GACQW,” respectively.

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