SPAC listing raises $250 million
22nd SPAC listed on Euronext’s markets in 2021 (YTD)
Amsterdam – 10 December 2021 – Euronext today congratulates Brigade-M3 European Acquisition Corp., a Special Purpose Acquisition Company (SPAC), on its listing on Euronext Amsterdam (ticker code: BACE). It is the 22nd SPAC listing on Euronext markets thus far.
Brigade-M3 European Acquisition Corp. aims to acquire an operating company with significant operations in Europe which has positively benefited from a structural shift or has been negatively impacted by a temporary dislocation caused by the COVID-19 pandemic.
At opening, the share price of Brigade-M3 European Acquisition Corp. was set at $10 per share. The Initial Public Offering successfully raised $250 million. The newly listed SPAC is sponsored by Brigade SPAC Sponsor II LLC, which is controlled by Brigade Capital GP, LLC, an affiliate of Brigade Capital Management, LP. M3 Euro SPAC Sponsor I LP (“M3”) is the strategic partner.