IG Acquisition Corp. announced today the completion of its initial public offering of 30,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $300 million.

The Company's units commenced trading on the Nasdaq Capital Market ("Nasdaq") under the ticker symbol "IGACU" on October 1, 2020. Each unit consists of one share of the Company's Class A common stock and one-half of one redeemable warrant, each whole warrant entitling 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. No fractional warrants will be issued upon separation of the units and only whole warrants 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 "IGAC" and "IGACW," respectively.