Invest Green Acquisition Corp. completes $172.5M IPO; auditor flags going concern doubt

Invest Green Acquisition Corp

IPO of 17,250,000 units at $10.00/unit grossed $172.5M; over-allotment fully exercised.
Private placement of 870,000 units at $5.00/unit to sponsor and underwriters grossed $4.35M.
Net $172.5M placed in trust; company has only $33,788 cash and $49,513 working capital.
Auditor's report includes going concern paragraph citing insufficient liquidity to sustain operations for one year.

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