Yggdrasil SPAC 1 AG Logo

Yggdrasil SPAC 1 AG

SPAC targeting established, cash-flow positive tech companies for a public listing.

H64 | DU

Overview

Corporate Details

ISIN(s):
DE000A3EVV13
LEI:
391200XAR9J8XKA2S009
Country:
Germany
Address:
N/A
Sector:
Mining and quarrying
Industry:
Extraction of natural gas

Description

Yggdrasil SPAC 1 AG is a Special Purpose Acquisition Company (SPAC), also known as a shell company ('Mantelgesellschaft'), founded in April 2023. The company was established to facilitate an indirect public listing for a private operating company through a time- and cost-effective process known as a reverse merger or reverse IPO. Listed on the Düsseldorf Stock Exchange since October 2023, Yggdrasil SPAC 1 AG seeks to effect a business combination, such as a merger, share exchange, or asset acquisition, with a suitable target. It primarily targets established technology companies demonstrating ambitious growth, a minimum turnover of €20 million, and positive cash flow.

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Insider Transactions

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