Free Sign up
The Latest

IX Acquisition Files for $200M IPO

September 16, 2021
1 minute read
Total
0
Shares
0
0
0

IX Acquisition registered to offer 20 million units at $10 each. A unit consists of one Class A ordinary share and one-half of one redeemable warrant. 

The new SPAC plans to focus on companies in the TMT and ICT industries, specifically the telecommunications infrastructure, internet and technology and digital services sectors operating in Europe and emerging markets, which may include a business based in the U.S.

IX Acquisition is led by Executive Chairman Guy Willner, the co-founder, chairman and former CEO of IXcellerate, a datacenter operator in Russia providing co-location and peering services for financial institutions, multinational corporations, international carriers, hyperscale operators and major content operators.  

Cantor is sole book-runner on the deal. Odeon is lead manager. The underwriters have an over-allotment option to purchase up to 3 million additional units.

The SPAC intends to apply for a listing on the Nasdaq under IXAQU. Read more.

Total
0
Shares
Share 0
Tweet 0
Share 0
Related Posts
Catcha Investment
Read More

Catcha Investment Taps Sponsor for $1.5M Loan

Catcha raised $275 million in a Februrary 2021 IPO to target companies with operations or prospective operations in the technology, digital media, financial technology, or digital services sectors across Asia Pacific, in particular Southeast Asia and Australia.
Read More

Fat Projects Acquisition Files for $100M IPO

The new SPAC in the filing said, "we intend to focus our search on a target with operations or prospective operations that is technology-led in the areas of supply chain, transportation, logistics, finance, sustainability/ESG, food, agriculture, e-commerce, big data and/or take advantage of the monetization opportunities stemming from a rapidly growing middle class and their evolving consumption and digital needs in Southeast Asia."