Corner Growth Acquisition Corp. Announces Closing of Upsized $400 Million Initial Public Offering

PALO ALTO, Calif.--(BUSINESS WIRE)--Corner Growth Acquisition Corp. (the “Company”), a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its upsized initial public offering of 40,000,000 units at a price of $10.00 per unit, including an additional 5,000,000 units sold pursuant to the partial exercise of the underwriter’s over-allotment option. Total gross proceeds from the offering were $400 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company.