Enphys Acquisition Files for $250M IPO

Enphys Acquisition registered to offer 25 million units priced at $10 each. A unit consists of one Class A ordinary share and one-half of one redeemable warrant, with whole warrants exercisable at $11.50.

The SPAC in the S-1 filing said it will focus on businesses that mainly operate in Ibero-America (countries where Spanish or Portuguese are the predominant languages) and whose business strategy is aligned with energy transition and sustainability themes, in particular renewable energy.

Enphys is led by CEO and Director Jorge de Pablo, who founded LAIG Investments, an investment company focused on the energy and mobility sectors across Ibero-America and currently serves as managing partner. 

 Credit Suisse and BTIG are joint book-running managers on the offering. The underwriters have an over-allotment option to purchase up to an additional 3.75 million units.

The SPAC intends to apply for a listing on the NYSE under NFYS.U. Read more.

Related Posts