Luxembourg:
Arendt & Medernach Advised The Sponsors Of 468 SPAC I SE On Its IPO On The Frankfurt Stock Exchange
21 June 2021
Arendt & Medernach
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Luxembourg, 11 May 2021 – Arendt
& Medernach advised 468 SPAC I SE, a Luxembourg special purpose
acquisition company (SPAC), on all Luxembourg law
aspects of the investment vehicle set-up and subsequent IPO on the
Frankfurt Stock Exchange (General Standard). The business
combination sought by 468 SPAC I SE is the acquisition of a single
existing business in the technology and technology-enabled sectors,
with a focus on the sub-sectors marketplaces, direct-to-consumer
(D2C) and software & artificial intelligence. The chosen
business must have its main operations in a member state of the
European Economic Area, the United Kingdom or Switzerland.
With leading expertise in Capital Markets, Corporate, Mergers
& Acquisitions and Tax Law, Arendt is best positioned to advise
on the structuring and set-up of SPACs in Luxembourg.
468 SPAC I SE is yet another SPAC that has chosen to take
advantage of Luxembourg’s robust, but still flexible and
comprehensive legal and regulatory framework, a key factor in the
successful consummation of an international IPO.
468 SPAC I SE is the second SPAC to make its entry on the
Frankfurt Stock Exchange, after Lakestar SPAC I SE in
February 2021, on which Arendt & Medernach also
advised.
Arendt team involved:
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