Lakestar SPAC I SE, which lists on the Frankfurt Stock Exchange,scheduled a Sept. 13 meeting for shareholders to vote on the proposed business combination with travel portal HomeToGo GmbH.
Lakestar SPAC I raised 275 million euros ($333 million) in February, saying it would seek to merge with a company worth between 750 million and 4 billion euros. Founder Klaus Hommels said at the time he watned to enable a tech startup to stay in Europe rather than take the well-travelled route of listing in the United States. Read more.