Listing new SPAC

The founders of Dutch Star Company One (DSCO), which recently helped CM.com to get listed, are bringing a second SPAC to the Amsterdam stock exchange today: Dutch Star Company Two (DSCT). Like DSCO, DSCT is a so-called Special Purpose Acquisition Company (SPAC), an exchange fund without its own activities that uses the raised capital – in this case €110 million – to find a company to merge with, after which that company takes over the listing.