The first special purpose acquisition company (SPAC) to be listed on the London Stock Exchange since new rules came into force has been completed using a Guernsey vehicle.
Guernsey-incorporated SPAC Hambro Perks Acquisition Company (HPAC) - sponsored by tech-focused venture capital group Hambro Perks - has listed on the LSE Main Market segment.
It has raised £150 million through its initial public offering, to invest in a business operating in the tech-enabled sector in the U...