Home / Daily Briefs / 2021 / 25 / DILA Capital raises funds for tech acquisitions

DILA Capital raises funds for tech acquisitions

DILA Capital raises funds for tech acquisitions

June 25, 2021 | Charles Newbery
US SPAC listing gets the Mexican firm $55 mln to find a deal, potentially with partners

Corporate & Sovereign Strategy IPO M&A Latin America South America Mexico United States Capital Markets Interviews Technology

Mexican venture capital firm DILA Capital is on the hunt to acquire a technology firm after raising $55 million in an initial public offering (IPO) through a special-purpose acquisition company (SPAC) with the possibility of teaming up with other investors on a deal, managing partner Eduardo Clavé told LatinFinance. The Mexico City-based firm's DILA Capital Acquisition Corp sold 5.5 million shares for $10.00 each on June 17 on the Nasdaq stock market in New York. The deal was two times oversubsc

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