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IVCB

Investcorp Europe Acquisition Corp I

https://www.investcorpspac.com/eu1

Industry

Shell Companies

Investcorp Europe Acquisition Corp I does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other transaction with one or more businesses or assets in the business services, consumer and lifestyle, niche manufacturing, and technology sectors in Western Europe. The company was formerly known as Investcorp Asia Acquisition Corp I and changed its name to Investcorp Europe Acquisition Corp I in October 2021. Investcorp Europe Acquisition Corp I was incorporated in 2021 and is based in George Town, the Cayman Islands. Investcorp Europe Acquisition Corp I is a subsidiary of Europe Acquisition Holdings Limited.

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Investcorp Europe Acquisition Corp. I (NASDAQ:IVCB) has terminated its business combination agreement with Zacco Holdings, resulting in a $30 million termination payment. At least $20 million will cover incurred expenses. The company is considering alternative business combinations or dissolution.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:08 pm

Investcorp Europe Acquisition Corp I (IVCB) has amended its Business Combination Agreement (BCA) following the divestiture of OpSec Security, which is to be acquired by Crane NXT for $270 million. The amendment involves Zacco becoming a stand-alone business. The Board of Directors of Investcorp Europe is currently evaluating the amended BCA to consider a merger with Zacco and intends to seek a deadline extension to complete the initial business combination.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:42 am

OpSec Group, a leader in IP management and brand protection, and Investcorp Europe Acquisition Corp I (NASDAQ:IVCB), a SPAC, announced a strategic investment from SAKATA INX via unsecured convertible loan notes. This investment supports OpSec's upcoming public listing through a business combination with Investcorp Europe, which was agreed upon on April 25, 2023. The combined entity will trade under the symbol 'OPSC' on Nasdaq post-closing.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:14 pm

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