Queen's Gambit Growth Capital announced today that it intends to commence its initial public offering of 27,500,000 units at a price of $10.00 per unit. Each unit issued in the IPO will consist of one of the Company's Class A ordinary shares, par value $0.0001 per share, and one-third of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. The units are expected to be listed on the NASDAQ Capital Market (the "NASDAQ") and trade under the ticker symbol "GMBTU." Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NASDAQ under the symbols "GMBT" and "GMBTW," respectively.

Barclays is acting as the sole book-running manager and representative for the underwriters for the proposed offering. R. Seelaus & Co., LLC and Siebert Williams Shank & Co., LLC are acting as joint co-managers for the proposed offering. The Company intends to grant the underwriters a 45-day option to purchase up to 4,125,000 additional units to cover over-allotments, if any.

About Queen's Gambit Growth Capital

Queen's Gambit Growth Capital is an entirely female-led special purpose acquisition company, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination. The Company, led by Founder & Chief Executive Officer Victoria Grace, who is also a founding partner of Colle Capital Partners I LP, intends to focus its search on a platform that provides disruptive solutions to its sector that promote sustainable development, economic growth and prosperity.