8-K

A proposal to consider and vote upon, by ordinary resolution, a proposal to approve the material differences between the amended and restated memorandum and articles of association of New PubCo to be in effect following the Business Combination, and the existing amended and restated memorandum and articles of association of the Company as described in the Governing Documents Proposal 3C Section of the proxy statement/prospectus.

A proposal to consider and vote upon, by ordinary resolution, a proposal to approve the New PubCo Equity Plan.

0001193125-23-245558.txt : 20230928 0001193125-23-245558.hdr.sgml : 20230928 20230928153403 ACCESSION NUMBER: 0001193125-23-245558 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 19 CONFORMED PERIOD OF REPORT: 20230926 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230928 DATE AS OF CHANGE: 20230928 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Jaguar Global Growth Corp I CENTRAL INDEX KEY: 0001857518 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 981593783 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41284 FILM NUMBER: 231289178 BUSINESS ADDRESS: STREET 1: 3225 FRANKLIN AVENUE, STREET 2: SUITE 309 CITY: MIAMI STATE: FL ZIP: 33133 BUSINESS PHONE: 312-565-1035 MAIL ADDRESS: STREET 1: 3225 FRANKLIN AVENUE, STREET 2: SUITE 309 CITY: MIAMI STATE: FL ZIP: 33133 8-K 1 d519759d8k.htm 8-K 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 28, 2023 (September 26, 2023)

JAGUAR GLOBAL GROWTH CORPORATION I

(Exact Name of Registrant as Specified in Charter)

Cayman Islands

001-41284

98-1593783

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)


601 Brickell Key Drive,
Suite 700 Miami, Florida		33131
(Address of Principal Executive Offices)		(Zip Code)

(646) 663-4945

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, one right and one-half of one redeemable warrant	JGGCU	The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share	JGGC	The Nasdaq Stock Market LLC
Rights entitling the holder thereof to receive one-twelfth (1/12) of one Class A ordinary share of JGGC	JGGCR	The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50	JGGCW	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07

Submission of Matters to a Vote of Security Holders

On September 27, 2023, Jaguar Global Growth Corporation I, a Cayman Islands exempted Company (“JGGC”), held an extraordinary general meeting of shareholders (the “Extraordinary General Meeting”) in connection with its previously announced business combination with Captivision Inc. (“New PubCo”) and certain other parties as described in greater detail in the proxy statement filed by JGGC with the Securities and Exchange Commission on September 14, 2023.

At the Extraordinary General Meeting, holders of 15,512,903 of JGGC’s ordinary shares, which represents approximately 87% of the ordinary shares outstanding and entitled to vote as of the record date on September 1, 2023, were represented in person or by proxy, constituting a quorum for the transaction of business.

Set forth below are the final voting results for each of the proposals submitted to a vote at the Extraordinary General Meeting:


	Votes For	Votes Against	Abstentions
A proposal to consider and vote upon a proposal to approve, by ordinary resolution, the Business Combination Agreement, dated as of March 2, 2023 (as the same has been amended as of June 16, 2023, July 7, 2023, July 18, 2023 and September 7, 2023, 2023 and may be further amended, supplemented, or otherwise modified from time to time, the “Business Combination Agreement,” and, the transactions contemplated thereby, collectively, the “Business Combination”), by and among JGGC, New PubCo, Jaguar Global Growth Korea Co., Ltd., a stock corporation (chusik hoesa) organized under the laws of the Republic of Korea and wholly owned direct subsidiary of JGGC (“Exchange Sub”), and GLAAM Co., Ltd., a corporation (chusik hoesa) organized under the laws of the Republic of Korea (“GLAAM”), pursuant to which, among other things, (i) JGGC shall be merged with and into New PubCo, with New PubCo surviving the merger (the “Merger”), (ii) immediately thereafter, New PubCo shall issue a number of ordinary shares, par value $0.0001 per share, of New PubCo (the “New PubCo Ordinary Shares”), equal to the aggregate share swap consideration to Exchange Sub, and (iii) all shareholders of GLAAM (the “GLAAM Shareholders”) will transfer their respective common shares, par value W 500 per share, of GLAAM (the “GLAAM Common Shares”), to Exchange Sub in connection with the exchange of GLAAM Common Shares for New PubCo Ordinary Shares pursuant to the Business Combination Agreement and, in exchange for the aggregate share swap consideration, Exchange Sub shall distribute all of the GLAAM Common Shares it receives from GLAAM Shareholders to New PubCo, which includes the approval of the transactions contemplated by the Business Combination Agreement, and the other agreements entered into or to be entered into by JGGC in connection with the Business Combination.	14,117,248	1,395,655	0

A proposal to approve, by special resolutions, (a) that JGGC be authorized to merge with and into New PubCo, so that JGGC be the merging company and all the undertaking, property, and liabilities of the merging company vest in the surviving company by virtue of the such merger pursuant to Part XVI of the Companies Act (as revised); and (b) the plan of merger relating to the Merger, pursuant to which JGGC will merge with and into New PubCo, with New PubCo being the surviving entity.	14,117,248	1,395,655	0

A proposal to consider and vote upon, by ordinary resolution, a proposal to approve the material differences between the amended and restated memorandum and articles of association of New PubCo to be in effect following the Business Combination, and the existing amended and restated memorandum and articles of association of the Company as described in the Governing Documents Proposal 3A Section of the proxy statement/prospectus.	13,810,604	1,702,299	0

A proposal to consider and vote upon, by ordinary resolution, a proposal to approve the material differences between the amended and restated memorandum and articles of association of New PubCo to be in effect following the Business Combination, and the existing amended and restated memorandum and articles of association of the Company as described in the Governing Documents Proposal 3B Section of the proxy statement/prospectus.	13,810,604	1,702,299	0

The proposal to adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there were insufficient votes for, or otherwise in connection with, the proposals, was not presented at the Extraordinary General Meeting, as each of the proposals received a sufficient number of votes required for approval.

Item 8.01.

Other Events.

In connection with the shareholder vote at the Extraordinary General Meeting, JGGC’s public shareholders have the right to elect to redeem all or a portion of their Class A ordinary shares for a per-share price calculated in accordance with JGGC’s organizational documents. JGGC’s public shareholders holding 9,976,908 Class A ordinary shares (which amount of shares may be subject to future changes) validly elected to redeem their public shares as of 5:00 p.m., Eastern Time, on September 25, 2023.

On September 26, 2023, JGGC issued a press release announcing that GLAAM has been selected as the main supplier of media glass for two prominent new properties in South Korea. A copy of the press release is attached as Exhibit 99.1.

On September 28, 2023, JGGC issued a press release announcing the results of the Extraordinary General Meeting. A copy of the press release is attached as Exhibit 99.2.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.		Exhibit

99.1		Press Release dated September 26, 2023.

99.2		Press Release dated September 28, 2023.

104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: September 28, 2023


JAGUAR GLOBAL GROWTH CORPORATION I

By:		/s/ Anthony R. Page
Name:		Anthony R. Page
Title:		Chief Financial Officer

EX-99.1 2 d519759dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Jaguar Global and GLAAM/Captivision Announce Significant New Projects

Mohegan INSPIRE Entertainment Resort, Incheon and Lotte Group Magok Complex, Seoul Propel Growth of Captivision

Miami, Florida and Seoul, South Korea – September 26, 2023 – Jaguar Global Growth Corporation I (Nasdaq: JGGC, JGGCR, and JGGCW) (“Jaguar Global”) and GLAAM, Co., Ltd. (“GLAAM” or “the Company”), a leading designer and manufacturer of architectural media glass, and Captivision Inc. (“Captivision”), today announced that GLAAM has been selected as the main supplier of media glass for two prominent new properties in South Korea. GLAAM will be supplying over 16,000 sq. ft. of glass for each of the Mohegan INSPIRE Entertainment Resort in Incheon and the Magok Meeting, Incentives, Convention, and Exhibition (“MICE”) complex in Seoul, with its proprietary G-Glass serving as the main façade of both complexes.

Mohegan INSPIRE Entertainment Resort and Casino

In April 2023, GLAAM was awarded a contract worth KRW 6 billion ($4.5 million USD) with Hanhwa ENC, the 12^th largest construction company in Korea, for a media glass installation at the main entrance of the Mohegan INSPIRE Entertainment Resort and Casino. GLAAM’s G-Glass was selected for its unique fusion of media capabilities, total transparency, and full glass façade functionality.

Located near Incheon Airport, the Mohegan INSPIRE Entertainment Resort is expected to be the largest integrated resort in Northeast Asia. The destination property will feature three five-star hotels, Korea’s first 15,000-seat arena, a 127,000 sq. ft. conference facility, and 400,000 sq. ft. of retail space, as well as a major casino managed by Mohegan, a leading U.S. based entertainment, gaming, and hospitality company. GLAAM’s G-Glass installation is expected to be completed in October 2023, with the full first phase of the resort anticipated to be completed in early 2024.

Magok MICE Complex

GLAAM was recently selected by Lotte Engineering & Construction Co. Ltd., one of Korea’s largest construction conglomerates, to supply glass for the CP1 Fourth Generation Media Façade of the Magok MICE Complex in Seoul, for a total project value of approximately KRW 9 billion ($6.7 million USD). The over 890,000 sq. ft. complex is expected to be completed in 2024 and will include a state-of-the-art convention center outfitted with a hotel, office and commercial space, and an advanced media façade comprised of G-Glass.

The KRW 2.5 trillion ($1.9 billion USD) landmark development will be Seoul’s largest MICE complex, at roughly twice the size of Seoul’s current prime exhibition and convention center, COEX, where GLAAM previously completed a 12,000 sq. ft. installation.

“We are proud to announce that GLAAM’s proprietary technology will be featured at two of the most prominent business developments in South Korea today,” said Dr. Ho Joon Lee, Co-Founder of GLAAM. “The award of these two high-profile contracts is a testament to the compelling transparency and sophisticated media capabilities of our G-Glass and the Company’s strong pipeline of growth opportunities.”

As previously announced, GLAAM and Jaguar Global have entered into a definitive business combination agreement. As a result of the business combination, GLAAM and Jaguar Global shareholders will exchange their shares for shares in a new combined company that is named “Captivision Inc.” Captivision’s ordinary shares and warrants are expected to be listed on the Nasdaq Stock Market under the proposed ticker symbols “CAPT” and “CAPTW,” respectively.

About Jaguar Global Growth Corporation I

Jaguar Global Growth Corporation I is a partnership between Jaguar Growth Partners, a global investor in growth companies, and Hennessy Capital Group, an alternative asset manager for innovative technology companies. For more information, please visit www.jaguarglobalgrowth.com.

About GLAAM

GLAAM is the inventor and manufacturer of G-Glass, the world’s first architectural media glass that combines IT building material and architectural glass into one standalone product. G-Glass has a variety of applications, including digital out of home media and marketing.

To learn more about GLAAM, visit: www.glaam.co.kr/en.

Forward-Looking Statements

This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Jaguar Global’s, GLAAM’s and Captivision’s expectations with respect to future performance and anticipated financial impacts of the proposed business combination, the satisfaction of the closing conditions to the proposed business combination and the timing of the completion of the proposed business combination. For example, projections of future revenue and other metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.

standards following the consummation of the business combination; (6) the risk that the business combination disrupts current plans and operations of Jaguar Global or GLAAM as a result of the announcement and consummation of the business combination; (7) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of Captivision to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the business combination; (9) changes in applicable laws or regulations; (10) the possibility that Jaguar Global, GLAAM or Captivision may be adversely affected by other economic, business, and/or competitive factors; (11) the impact of COVID-19 on GLAAM’s business and/or the ability of the parties to complete the proposed business combination; (12) GLAAM’s estimates of expenses and profitability and underlying assumptions with respect to shareholder redemptions and purchase price and other adjustments; and (13) other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Jaguar Global’s final prospectus relating to its initial public offering and in Jaguar Global’s and Captivision’s subsequent filings with the SEC, including the registration statement on Form F-4, and the definitive proxy statement/prospectus, relating to the business combination.

Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date hereof. None of Jaguar Global, GLAAM or Captivision undertake any duty to update these forward-looking statements.

Additional Information and Where to Find It

In connection with the proposed business combination, Captivision has filed a registration statement on Form F-4 (File No. 333-271649) (the “Registration Statement”) with the SEC, which includes a document that serves as a joint prospectus with respect to Captivision securities and proxy statement of Jaguar Global, referred to as a proxy statement/prospectus. The Registration Statement was declared effective on September 13, 2023. Jaguar Global’s shareholders and other interested persons are advised to read the Registration Statement, including the definitive proxy statement/prospectus and any other documents filed with the SEC in connection with the proposed business combination, as these materials contain important information about Captivision, GLAAM, Jaguar Global and the proposed business combination. This communication does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the proposed business combination. The definitive proxy statement/prospectus and other relevant materials for the proposed business combination have been mailed to shareholders of Jaguar Global as of the record date established for voting on the proposed business combination. Shareholders are also able to obtain copies of the Registration Statement, including any amendments thereto, the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, at the SEC’s web site at www.sec.gov, or upon written request to Jaguar Global at Jaguar Global Growth Corporation I, 601 Brickell Key Drive, Suite 700, Miami, FL 33131.

Participants in Solicitation

Jaguar Global and its directors and executive officers may be deemed participants in the solicitation of proxies from Jaguar Global’s shareholders with respect to the proposed business combination. A list of the names of Jaguar Global’s directors and executive officers and a description of their interests in Jaguar Global is contained in the Registration Statement, which was filed with the SEC and is available free of charge at the SEC’s website at www.sec.gov. To the extent such holdings of Jaguar Global’s securities have changed since the filing of the Registration Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC.

Captivision, GLAAM and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Jaguar Global in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination is contained in the Registration Statement, which was filed with the SEC and is available free of charge at the SEC’s website at www.sec.gov.

No Offer or Solicitation

This communication shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business combination. This communication shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Contacts:

Jaguar Global Growth Corporation I Media Contact

Dukas Linden Public Relations for Jaguar Global Growth Corporation I

+1 212.704.7385

jaguar@dlpr.com

Jaguar Global Growth Corporation I Investor Relations Contact

Cody Slach and Jackie Keshner

Gateway Group, Inc.

+1 949.574.3860

JGGC@gateway-grp.com

GLAAM Investor Relations Contact

Nakyung Kim

THE IR

+82.2.785.1109

snk@irup.co.kr

EX-99.2 3 d519759dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

Jaguar Global and GLAAM/Captivision Announce Shareholder

Approval of Business Combination

Miami, Florida and Seoul, South Korea – September 28, 2023 – Jaguar Global Growth Corporation I (Nasdaq: JGGC, JGGCR, and JGGCW) (“Jaguar Global”), GLAAM, Co., Ltd. (“GLAAM” or “the Company”), a leading designer and manufacturer of architectural media glass, and Captivision Inc. (“Captivision”), today announced that their previously announced business combination was approved by Jaguar Global’s shareholders during its extraordinary general meeting of shareholders (the “Extraordinary General Meeting”) held on September 27^th.

Over 79% of the votes cast at the Extraordinary General Meeting were in favor of approving the business combination. Jaguar Global shareholders also voted to approve all other proposals presented during the Extraordinary General Meeting. The complete official results of the vote will be included in a current report on Form 8-K, which will be filed by Jaguar Global with the U.S. Securities and Exchange Commission.

As a result of the business combination, GLAAM and Jaguar Global shareholders will exchange their shares for shares in a new combined company that is named “Captivision Inc.” Captivision’s ordinary shares and warrants are expected to be listed on the Nasdaq Stock Market under the proposed ticker symbols “CAPT” and “CAPTW,” respectively.

About Jaguar Global Growth Corporation I

About GLAAM

To learn more about GLAAM, visit: www.glaam.co.kr/en.

Forward-Looking Statements

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Jaguar Global and its management, Captivision and GLAAM and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement; (2) the outcome of any legal proceedings or regulatory matters or investigations that may be instituted against Jaguar Global, GLAAM, Captivision or others; (3) the inability to complete the business combination due to the failure to satisfy the conditions to closing under the business combination agreement; (4) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations; (5) the ability to meet stock exchange listing standards following the consummation of the business combination; (6) the risk that the business combination disrupts current plans and operations of Jaguar Global or GLAAM as a result of the announcement and consummation of the business combination; (7) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of Captivision to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the business combination; (9) changes in applicable laws or regulations; (10) the possibility that Jaguar Global, GLAAM or Captivision may be adversely affected by other economic, business, and/or competitive factors; (11) the impact of COVID-19 on GLAAM’s business and/or the ability of the parties to complete the proposed business combination; (12) GLAAM’s estimates of expenses and profitability and underlying assumptions with respect to shareholder redemptions and purchase price and other adjustments; and (13) other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Jaguar Global’s final prospectus relating to its initial public offering and in Jaguar Global’s and Captivision’s subsequent filings with the SEC, including the registration statement on Form F-4, and the definitive proxy statement/prospectus, relating to the business combination.

Contacts:

Jaguar Global Growth Corporation I Media Contact

Dukas Linden Public Relations for Jaguar Global Growth Corporation I

+1 212.704.7385

jaguar@dlpr.com

Jaguar Global Growth Corporation I Investor Relations Contact

Cody Slach and Jackie Keshner

Gateway Group, Inc.

+1 949.574.3860

JGGC@gateway-grp.com

GLAAM Investor Relations Contact

Nakyung Kim

THE IR

+82.2.785.1109

snk@irup.co.kr

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Document and Entity Information	Sep. 26, 2023
Document And Entity Information [Line Items]
Entity Registrant Name	Jaguar Global Growth Corp I
Amendment Flag	false
Entity Central Index Key	0001857518
Document Type	8-K
Document Period End Date	Sep. 26, 2023
Entity Incorporation State Country Code	E9
Entity File Number	001-41284
Entity Tax Identification Number	98-1593783
Entity Address, Address Line One	601 Brickell Key Drive
Entity Address, Address Line Two	Suite 700
Entity Address, City or Town	Miami
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33131
City Area Code	(646)
Local Phone Number	663-4945
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Units Each Consisting Of One Class A Ordinary Share One Right And One Half Of One Redeemable Warrant [Member]
Document And Entity Information [Line Items]
Security 12b Title	Units, each consisting of one Class A ordinary share, one right and one-half of one redeemable warrant
Trading Symbol	JGGCU
Security Exchange Name	NASDAQ
Class A Ordinary Shares Par Value 0.0001 Per Share 2 [Member]
Document And Entity Information [Line Items]
Security 12b Title	Class A ordinary shares, par value $0.0001 per share
Trading Symbol	JGGC
Security Exchange Name	NASDAQ
Rights Entitling The Holder Thereof To Receive One Twelfth 112 Of One Class A Ordinary Share Of Jggc 1 [Member]
Document And Entity Information [Line Items]
Security 12b Title	Rights entitling the holder thereof to receive one-twelfth (1/12) of one Class A ordinary share of JGGC
Trading Symbol	JGGCR
Security Exchange Name	NASDAQ
Redeemable Warrants Each Whole Warrant Exercisable For One Class A Ordinary Share At An Exercise Price Of 11.50 [Member]
Document And Entity Information [Line Items]
Security 12b Title	Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
Trading Symbol	JGGCW
Security Exchange Name	NASDAQ

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