- €275 million raised
- 16th SPAC listing on Euronext in 2021
- 1st European SPAC dedicated to the entertainment and leisure sector
Euronext today congratulates I2PO, a Special Purpose Acquisition Company (SPAC) dedicated to the entertainment and leisure sector, on its listing on the professional compartment of Euronext’s regulated market in Paris (ticker code: I2PO).
Iris Knobloch, along with Artemis, a patrimonial holding from the Pinault family represented by François-Henri Pinault and Alban Gréget, and Combat Holding, the entity which co-founded the 2MX Organic and Mediawan SPACs, have partnered to create the I2PO SPAC. The first SPAC in Europe to be co-founded and led by a woman, I2PO is also the first European SPAC in the entertainment and leisure sector. I2PO aims at one or several targets in the sub-sectors such as streaming and content distribution, music, intellectual property of media and services, electronic games and sports, online learning, and leisure platforms.
I2PO was listed through the admission to trading of the 27.5 million units making up its equity. In total, I2PO raised €275 million in a private placement from qualified investors, exceeding the €250 million initially announced during the introductory offer.
Iris Knobloch, President of the Executive Board and Director General of I2PO, said: “Launching I2PO, we succeeded in creating, with Artemis and Combat Holding, the first SPAC listed in Europe dedicated to entertainment and leisure. There is a real opportunity in Europe to create a worldwide leader in the entertainment and leisure sector. Indeed Europe possesses a dynamic industry which has an significant growth potential. Our experienced team will rely upon its international network in order to target the right company through a long term value creation partnership and will accompany its founders and its management in the next step of their development as a listed company.”
Caption: Iris Knobloch, President of the Executive Board and Director General of I2PO, and her team rang the bell during a ceremony this morning to celebrate the listing of the company alongside with Delphine d’Amarzit, Chairman and Chief Executive Officer Euronext Paris.
