Investcorp Europe Acquisition Corp I
IVCBW
NASDAQ Global Select0.02
USD
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Investcorp Europe Acquisition Corp I
IVCBW
(NASDAQ Global Select)
Recent
price
0.02
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Investcorp Europe Acquisition Corp I Investcorp Europe Acquisition Corp I is a blank check company sponsored by Investcorp that does not have significant operations and focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets, primarily targeting the business services, consumer and lifestyle, niche manufacturing, and technology sectors in Europe. The company provides no current products or services beyond its structure as a special purpose acquisition company, which includes Class A ordinary shares and warrants traded publicly to facilitate capital raising for a future business combination; it maintains trust account liquidity for potential redemptions and transactions. Incorporated in 2021 and headquartered at Century Yard, Cricket Square, Elgin Avenue, P.O. Box 1111, George Town, Grand Cayman, KY1-1102, Cayman Islands, it operates with a lean team and no employees, targeting institutional and retail investors seeking exposure to high-growth European opportunities through a de-SPAC process. In recent developments, the company changed its name from Investcorp Asia Acquisition Corp I in October 2021 to reflect a Europe focus; announced and later terminated a business combination with OpSec Group in 2024 following a $30 million termination payment and divestiture-related amendments; experienced board changes including the resignation of Hazem Ben-Gacem and appointment of Craig Sinfield-Hain as Chairman in late 2024; faced NASDAQ delisting and noncompliance notices; declared a $0.60 per Class A ordinary share distribution; postponed its extraordinary general meeting to December 17, 2024, to vote on extending its business combination deadline to December 17, 2025; and in May 2025 announced a strategic merger agreement with nexxbuild, a construction materials distributor, aimed at expanding offerings in that sector while considering dissolution or alternative combinations as options.