[ad_1]
It is a great pleasure to now be able to present ACQ, Sweden’s first SPAC, which is scheduled to be listed on Nasdaq Stockholm. Through ACQ, we created a structure that is new to the Swedish market. In the US, there are similar SPAC structures, but we have adapted ACQ to Swedish conditions and made it more long-term and industrial in its design. The basic principle of ACQ is that all owners benefit from Bure’s investment organization and industrial networks, “says Patrik Tigerschiöld, Chairman of the Bure Board of Directors.
Bure will invest SEK 700 million in ACQ Bure, which corresponds to approximately 20% of the number of shares. In total, the underwriting commitments of both the anchor investors and Bure correspond to approximately 60% of ACQ Bure’s shares.
Anchor investors include AMF Pensionsförsäkring, AMF Fonder, Fjärde AP-fonden, SEB Fonder and SEB-Stiftelsen.
ACQ is expected to start trading on the Stockholm Stock Exchange in late March.
SPAC stands for Special Purpose Acquisition Company and it has become extremely popular in the US especially during 2020 and so far this year. These are empty companies with a cash register that is used to acquire an unlisted company, which in this way reaches the stock market.
