Spac craze continues with new education tech IPO

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By Aidan Gregory
29 Sep 2020

The booming IPO market for special purpose acquisition companies (Spacs) is continuing with a new London-based blank cheque company focused on education technology.

EdtechX Holdings Acquisition Corp, as the new Spac will be known, will sell $150m of new shares on the Nasdaq in New York, via an IPO led by Jefferies as bookrunner. Macquarie Capital is lead manager.

The new company will be led by CEO Benjamin Vedrenne-Cloquet and chairman Charles ...

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