Investindustrial lunches its SPAC at Wall Street. Sergio Ermotti and Roberto Ardagna will lead the acquisition company

Investindustrial, the private equity firm founded by Italian financier Andrea Bonomi, has launched its SPAC named Investindustrial Acquisition Corp, a blank check investment vehicle that will be listed at Wall Street with the aim of raising 350 million dollars (296 million euros). The shares of the SPACS will be sold at a price of 10 dollars each, with an option to increase the offer up to 402 million dollars in the event of high demand from investors (see here the Prospectus from filing to the SEC). The goal is to acquire a target company with an enterprise value of between $ 1 and $ 5 billion, to be listed on the NYSE through a business combination