Trading in sterling, listed on Amsterdam, searching for value not growth, offering higher rewards to investors, Europe’s first special purpose acquisition company in months is a ground-breaker.
After almost three months without a single special purpose acquisition company (Spac) IPO in Europe, the former founder of Duke Street Capital, Edmund ‘Edi’ Truell, reopened the market in October with a £125 million listing on the Amsterdam Stock Exchange for Disruptive Capital Acquisition Corp (DCAC).