EFIC1 lists on Euronext Amsterdam

FIRST SPAC TAILORED FOR EUROPEAN FINTECHS RAISES €415 MILLION

Amsterdam – 26 March 2021 – Euronext today congratulates European FinTech IPO Company 1 (EFIC1), a Special Purpose Acquisition Company (SPAC) and the first SPAC tailored for European FinTechs, on its listing on the Amsterdam Exchange (ticker symbol: EFIC1 and EFICW).

At opening, the share price was set at €10 per share. EFIC1 has successfully raised approximately €415 million in its initial public offering, making it one of the largest SPACs to list in Europe in recent years.

EFIC1 focuses on opportunities in the broadly defined financial services and financial technology sectors and aims to complete a business combination with a suitable partner that operates or is headquartered in Europe, including the United Kingdom, or Israel.

The newly listed SPAC is sponsored by Martin Blessing, Ben Davey, Nick Aperghis and Klaas Meertens. HTP Investments, a Dutch investment company owned by Klaas Meertens and Wim de Pundert, has invested over €40 million in EFIC1.

Martin Blessing, CEO of EFIC1, said: “Today is a great day for EFIC1 and its leadership team. With EFIC1, we have established the first FinTech-focused SPAC listed in Europe. We pave the way for promising FinTech companies in Europe to go public in their home region and strengthen Europe as the financial home of a forward-looking financial industry. The experience of our team will allow us not only to connect with the right business partner but also to help this company to further grow and develop as a listed company here at Euronext in Amsterdam.”

Caption: Nick Aperghis, CFO of EFIC1, and Ben Davey, CIO of EFIC1, sounded the traditional gong during a virtual ceremony this morning in the presence of Simone Huis in ‘t Veld, CEO of Euronext Amsterdam, and René van Vlerken, Head of Listings of Euronext Amsterdam. The gong ceremony celebrated the initial public offering of this Special Purpose Acquisition Company.

About EFIC1

EFIC1 has been launched by Martin Blessing, Ben Davey, Nick Aperghis and Klaas Meertens as a SPAC. EFIC1 has been created for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganisation or similar business combination with or acquisition of an operating business or entity. EFIC1 focuses on opportunities in the broadly defined financial services and financial technology sectors and aims to complete a Business Combination with a suitable partner that operates or is headquartered in Europe, including the United Kingdom, or Israel.

EFIC1’s leadership team comprises Executive directors: Martin Blessing (Chief Executive Officer), Ben Davey (Chief Investment Officer) and Nick Aperghis (Chief Financial Officer); Non-executive directors: Hélène Vletter-van Dort (Chair/INED), Klaas Meertens (NED, Managing Partner of HTP Investments), Jan Bennink (INED) and Chris Figee (INED); and Operating partner: Clara Streit.

Download press release - Listing EFIC1 on Euronext Amsterdam

Press Release Footer

About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

_{Disclaimer

This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.}

_{This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.}