Arendt & Medernach advises the sponsors of 468 SPAC I SE on the IPO on the Frankfurt Inventory Alternate – Finance and Banking

Luxembourg:

Arendt & Medernach advises the sponsors of 468 SPAC I SE on the IPO on the Frankfurt Stock Exchange

June 21, 2021

Arendt & Medernach

To print this article, all you need to do is register or log in to Mondaq.com.

Luxembourg, May 11, 2021 – Arendt & Medernach advised 468 SPAC I SE, a Luxembourg special purpose vehicle (SPAC), on all Luxembourg legal aspects of setting up an investment vehicle and the 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 company in the areas of technology and technology with a focus on the sub-areas of marketplaces, direct-to-consumer (D2C) and software & artificial intelligence. The selected company must have its main operation in a member state of the European Economic Area, the United Kingdom or Switzerland.

With leading expertise in the areas of capital markets law, corporate law, mergers & acquisitions and tax law, Arendt is ideally positioned to advise on the structuring and development of SPACs in Luxembourg.

468 SPAC I SE is another SPAC that has chosen to take advantage of Luxembourg’s robust, yet flexible and comprehensive legal and regulatory framework, a key factor in successfully completing an international IPO.

468 SPAC I SE is the second SPAC to be listed on the Frankfurt Stock Exchange after Lakestar SPAC I SE in February 2021, which Arendt & Medernach also advised on.

Involved Arendt team:

The content of this article is intended to provide general guidance on the subject. You should seek expert advice regarding your specific circumstances.

POPULAR ARTICLES ON: Finance and Banking from Luxembourg

Application of MiFID to Luxembourg IFM

Arendt & Medernach

On June 10, 2021, the CSSF published an FAQ on the application of the Markets in Financial Instruments Directive (“MIFID”) to Luxembourg investment fund managers (“IFMS”) …