NEW YORK--(BUSINESS WIRE)--Motive Capital Corp today announced the closing of its initial public offering of 41,400,000 units, including 5,400,000 units pursuant to the full exercise of the underwriters’ over-allotment option, at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share of the Company and one-third of one warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share. The units are listed on the New York Stock Exchange  under the symbol “MOTV.U”. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols “MOTV” and “MOTV WS”, respectively.

Motive Capital Funds Sponsor, LLC, an affiliate of Motive Partners, is the sponsor of the Company. UBS Investment Bank and J.P. Morgan acted as joint book-running managers for the offering.

About Motive Capital Corp

Motive Capital Corp is a newly incorporated blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.