Unicorn Hunt: Aussie SPAC Targets Big Deal After Nasdaq IPO

SPAC

A Melbourne-based team led by a former McKinsey and Citigroup executive has kicked off the hunt to identify and buy a fast-growing Australian technology company, which will be listed on the Nasdaq, after it successfully listed its SPAC on the US market in a $115 million IPO, Financial Review reports.

Integral Acquisition Corporation 1, listed on the Nasdaq last week and has begun contacting founders of prospective targets, with the promise of a funding injection to the tune of up to $145 million. Read more.

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