Klaus Hommels, founder of venture capital firm Lakestar, is looking to raise up to 275 million euros ($332 million) through a new blank-check company that could list early next week, CNBC reports.
The SPAC is expected to list in Frankfurt under the ticker LRSW.
Despite a banner year for blank-check firms in the U.S., Europe has largely missed out on the SPAC boom. Read more.
