Aligro Planet Acquisition Company AB (publ) (“APAC”), a Swedish Special Purpose Acquisition Company (SPAC), has carried out a private placement of Class A shares. The private placement was directed to Swedish and international qualified investors, as well as the general public in Sweden, and raised gross proceeds of approximately SEK 1 billion. Subsequently, the shares have been listed on Nasdaq Stockholm with 26 May 2021 as first day of trading. APAC thereby became only the second SPAC company to be listed on Nasdaq Stockholm.
APAC's purpose is to make the most attractive business combination possible within a period of 24 months from the first day of trading in order to bring an unlisted company onto the stock exchange without undergoing a traditional listing process. The goal is to find a company with a distinct ESG-profile within any of the defined main themes: digital business models, sustainable consumption and green technology. APAC is formed by an experienced and dynamic team of entrepreneurs, senior executives and acquisition specialists.
Carnegie Investment Bank acted as Global Coordinator and Joint Bookrunner. Handelsbanken Capital Markets acted as Joint Bookrunner. Baker McKenzie acted as legal advisor to APAC with a team consisting of Henric Roth, Anders Fast, Joakim Falkner, Linnea Back, Ian Gulam and Marlene Wiklund from Stockholm as well as Adam Farlow from London.