The investment company has today obtained the authorisation for admission from Borsa Italiana. The listing will concern ordinary shares for an exchange value equal to Euro 51.1 million with free warrants linked, to the extent of 2 warrants each 10 ordinary shares underwritten.
Capital For Progress 1 is a special purpose acquisition company (SPAC) whose corporate purpose is the search and section of potential acquisitions of stakes in other companies and of other forms of potential aggregation of the company with other companies, for instance, through the merger with the target company, the acquisition of stakes and contribution transactions.
Gattai, Minoli, Agostinelli & Partners has assisted Capital For Progress 1 with a team formed by Partners Nicola Brunetti and Emanuela Ciaffi, as well as by Associates Michele Ventura and Diletta Camicia.
International law firm Gianni, Origoni, Grippo, Cappelli & Partners has assisted Banca IMI (Nomad, Global Coordinator and Joint Boookrunner of the transaction) and Banca Akros (Joint Boookrunner) with a team formed by Partner Fabio Ilacqua, Senior Associate Mariasole Conticelli and Associate Dario Acerra.