Investcorp Europe Acquisition I priced its IPO of 30 million units at $10 each. The offering was upsized from an original 25 million units. Units list on the Nasdaq and begin trading today under the ticker symbol IVCBU.
Each consists of one Class A ordinary share and one-half of a warrant.
The offering is expected to close Dec. 17.
The SPAC’s focus is on companies engaged in business services, consumer and lifestyle, niche manufacturing and technology in the United Kingdom, Northern Europe and, opportunistically, in Turkey.
Citigroup and Credit Suisse are the joint book-running managers for the offering. Read more.
