New Frankfurt-listed Spac joins rush to market in Europe

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

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New Frankfurt-listed Spac joins rush to market in Europe

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10 March 2020, Hessen, Frankfurt/Main: A stock trader makes a telephone call in the trading room of the Frankfurt Stock Exchange below the display board with the Dax 30 values and the Dax curve. The German leading index (Dax) manages to turn around after the "black Monday" on stock exchanges worldwide and makes up for some of the previous day's losses with an increase of around 360 points in early trading. Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

The rush of Spac IPOs in Europe is continuing, with the launch of a new Frankfurt-listed cash shell backed by Klaus Hommels, focused on acquiring a company in the technology sector.

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