Amsterdam – 22 June 2021 – Euronext today congratulates Crystal Peak Acquisition, a Special Purpose Acquisition Company (SPAC) focusing on Tech, with its listing on Euronext Amsterdam (ticker code: CPA1).
Crystal Peak Acquisition intends to focus on opportunities in the broadly defined technology sector with a particular focus on cloud infrastructure, cloud services, SaaS and enterprise software, digital media, digital consumer and eCommerce, fintech and data-enabled technologies within the EMEA region. The SPAC is led by a team with a track record in public companies and a history of successful acquisitions and value creation.
At opening, the share price was set at US$10 per share. Crystal Peak has successfully raised US$150 million in its private placement.
Michael Tobin OBE, Executive Chairman of Crystal Peak Acquisition, said: “In Crystal Peak Acquisition, we are creating a gateway to the public markets for European and wider EMEA technology companies that are benefitting from the digitalisation megatrend. The founding team of seasoned digital and technology sector professionals brings complementary skill sets honed in both the private and public markets with significant experience in operating and evaluating businesses. This unique set of capabilities will allow us to add real value for the right business combination and be supportive in creating significant future value as a listed company”.