Blank cheque firm backed by 468 Capital to float in Frankfurt

HomeToGo SE

13/04/2021 17:23

BERLIN, April 13 (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  LRS1.DE , launched earlier this
year with the backing of German venture capitalist Klaus
Hommels.  urn:newsml:reuters.com:*:nL8N2KN52O
 ($1 = 0.8378 euros)

 (Reporting by Douglas Busvine
Editing by Madeline Chambers)
 ((douglas.busvine@tr.com; +49 30 220 133 562;))