DD3 sets up two new SPACs

DD3 sets up two new SPACs

IPO Equity Capital Markets Asset Management Mexico United States

Mexican asset management firm DD3 Capital Partners plans to launch a third special purpose acquisition company (SPAC) with $150 million in the next month and then roll out a fourth SPAC in late 2021 or early 2022, CFO Daniel Salim told LatinFinance. DD3 listed its second SPAC, DD3 Acquisition Corp II, on the Nasdaq exchange with an initial public offering (IPO) worth $110 million in December last year. It listed its first SPAC for $50 million in 2018. With money from the second SPAC, DD3 and thr

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial