Lakestar boosts Europe’s nascent Spac scene

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Lakestar boosts Europe’s nascent Spac scene

Aidan Gregory
February 22, 2021 12:30 PM
Frankfurt_stock_exchange_PA_2_575_375
10 March 2020, Hessen, Frankfurt/Main: The Dax curve shows an increase in the trading room of the Frankfurt Stock Exchange above the word "stock exchange". The German leading index (Dax) is turning the corner on stock exchanges around the world after the "black Monday" and, with an increase of around 360 points in early trading, is making up for some of the previous day's losses. Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

Shares in Lakestar Spac I, a new special purpose acquisition company backed by German venture capitalist Klaus Hommels, have surged by more than 11% in the aftermarket after they began trading on the Frankfurt Stock Exchange on Monday.

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Deutsche BankJP MorganMorgan StanleyEquity IPOsGermanyEquityEuropeEMEA
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Aidan Gregory
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