BERLIN (Reuters) - A blank cheque acquisition company sponsored by the founders of investment fund 468 Capital said on Tuesday it would float on the Frankfurt Stock Exchange with a view to acquiring a technology company.
468 SPAC I SE said it was seeking to raise 300 million euros ($358 million) and looking to buy a business involved in marketplaces, direct to consumer, or software and artificial intelligence.
The first special-purpose acquisition company to float in Frankfurt, Lakestar SPAC I SE, launched earlier this year with the backing of German venture capitalist Klaus Hommels.
($1 = 0.8378 euros)
Reporting by Douglas Busvine; Editing by Madeline Chambers
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April 13, 2021 at 11:59PM
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Blank cheque firm backed by 468 Capital to float in Frankfurt - Reuters
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