VT5 Acquisition Company is launching an IPO on the SIX Swiss Exchange in Switzerland’s first SPAC deal, Reuters reports.
A bookbuilding for up to 200 million Swiss francs ($217 million) will start Dec. 9, with 177.7 million francs in secured commitments from cornerstone investors including Artemis Group, Point Break Capital LP and sponsor Veraison, as well as anchor investors, VT5 said. Read more.
