What Investors Should Know About AGC Stock. Altimeter Growth currently has a SPAC merger partner, Grab Holdings. However, news that this merger had been delayed in June sent shares lower through the summer.

Is grab merging with AGC?

Introduction. Grab has re-iterated that its merger with Altimeter Growth Corp (AGC) is progressing and is expected to close in 2021Q4. If this is the case, then Grab's announced 2021Q2 quarterly performance will become the main anchor of our investment thesis going forward.

Is it safe to invest in a SPAC?

SPAC investing has been less profitable for individual investors. Most SPACs underperform the stock market and eventually fall below the IPO price. Given SPAC's poor track record, most investors should be wary of investing in them, unless they focus their investing on pre-acquisition SPACs.