Globa Terra Acquisition Corporation (GTERU) Prices $152M IPO

Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025.

The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water solutions and infrastructure.

Globa Terra’s management team is led by Chief Executive Officer Agustin Tristan Aldave, Chief Financial Officer Katherine Chiles, Head of Water Investments Alejandro F. Garza, and Head of Investor Relations Edward Joseph Preble. The Board also includes Kelly Burke, Jesus Demetrio Tueme and Jeff Smith.

Total SPAC deal count for 2025 year-to-date is now 71. This offering is expected to close on Thursday, July 10, 2025.

D. Boral Capital LLC is acting as sole book-running manager for the offering. Paul Hastings LLP is serving as Issuer’s Counsel with Freshfields Bruckhaus Deringer LLP serving as Underwriter’s Counsel. Adeptus Partners LLC serves as auditor. Odyssey Transfer & Trust Company is acting as trustee.