Invest Green Acquisition Corporation (IGAC) said Tuesday it priced its initial public offering of 15 million units at $10 each for gross proceeds of $150 million.

Invest Green granted underwriters a 45-day option to buy up to roughly 2.3 million additional units at the IPO price to cover any over allotments, the company said.

The units are expected to begin trading on the Nasdaq Global Market under the ticker IGACU on Tuesday, each consisting of one Class A ordinary share and a right to receive one-tenth of a Class A share after a business combination, Invest Green said.

Once the components trade separately, the Class A shares and rights are expected to list on Nasdaq under the symbols IGAC and IGACR, respectively, the company said.

The offering is slated to close Wednesday, subject to customary conditions, it said.