New Amsterdam Invest N.V. lists on Euronext Amsterdam

Successfully raising €49 million
12th SPAC listing on Euronext’s markets in 2021

Amsterdam – 6 July 2021 – Euronext today congratulates New Amsterdam Invest, a Special Purpose Acquisition Company (SPAC) with a focus on real estate assets, on its listing on Euronext Amsterdam (ticker code: NAI). It is the 12th SPAC listing on the Euronext markets year to date. It is also the first SPAC with an exclusive focus on the real estate sector on Euronext Amsterdam.

New Amsterdam Invest will seek to acquire a significant stake in a business or company active as an operating company in the commercial real estate sector with principal operations in Europe, preferably in the Netherlands, Germany, the United Kingdom or the United States of America to form a business combination. New Amsterdam Invest’s management board consists of the four sponsors with long-term real estate investment experience: Aren van Dam, Cor Verkade, Moshe van Dam and Elisha Evers.

New Amsterdam Invest successfully listed 2,455,125 units each consisting of two ordinary shares and two warrants (one warrant issued at IPO and one warrant issued following completion of the business combination), at a price per unit of €20.00 representing a total market capitalisation of €49.1 million.

Aren van Dam, sponsor and managing director of New Amsterdam Invest, said: “New Amsterdam Invest brings a proven team of real estate investors working closely together for over 20 years to Euronext Amsterdam. Via the SPAC listing, we are now providing investors a unique opportunity to team up and invest in a SPAC with the aim to target a real estate operating company with a well-diversified portfolio.”

Caption: Aren van Dam, Cor Verkade, Moshe van Dam and Elisha Evers, New Amsterdam Invest’s Management Board, sounded the gong during a ceremony this morning to celebrate the Initial Public Offering of the company. They were joined by Simone Huis in ’t Veld, CEO of Euronext Amsterdam, during the gong ceremony.

About New Amsterdam Invest

New Amsterdam Invest N.V. is a SPAC which is listed at Euronext Amsterdam and will seek to invest the proceeds of the listing in acquiring a majority significant stake in business or company active as an operating company in the commercial real estate sector with principal operations in Europe, preferably in the Netherlands, Germany, the United Kingdom or the United States of America to form a business combination. New Amsterdam Invests management board consists of the four sponsors with long-term real estate investment experience; Aren van Dam, Cor Verkade, Moshe van Dam and Elisha Evers.

For all relevant information see our website www.newamsterdaminvest.com

Download press release - Listing New Amsterdam Invest

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