Promecap Acquisition Company, S. A. B. de C. V. has completed an IPO in the amount of $300 million.

Promecap Acquisition Company SAB de CV, formerly Promecap Acquisition Company SA de CV, is a Mexico-based shell company. The Company is specialized in identifying and analyzing business opportunities, once acquired, adding value to the acquired company with the objective of increasing its medium and long-term market capitalization. The others Company's purposes are effecting a merger, asset acquisition, share purchase, share exchange, participation or interest purchase, combination, consolidation, reorganization or other similar business combination with any other business with economic interests located, or with business operations carried out, primarily in Mexico. The Company is controlled by Promecap SA de CV.