First SPAC of 2022
The SPAC craze of 2021, with 16 listings in Amsterdam, looks likely to continue in 2022. GP Bullhound Acquisition I SE has made an appearance on Beursplein 5 today. The proceeds of the IPO will be €200 million. Bullhound wants to use this to acquire a tech company. Behind the new SPAC is the investment company with the same name, which is, for example, also known as the backer of streaming service Spotify.
Update: Bullhound has failed to find a merger partner and will be wound up after returning approximately the invested amounts in May 2023.