Tech Investor Klaus Hommels Launches $332M SPAC in Europe: Report

Klaus Hommels

Klaus Hommels, founder of venture capital firm Lakestar, is looking to raise up to 275 million euros ($332 million) through a new blank-check company that could list early next week, CNBC reports.

The SPAC is expected to list in Frankfurt under the ticker LRSW.

Despite a banner year for blank-check firms in the U.S., Europe has largely missed out on the SPAC boom. Read more.

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