THE FIRST PROPTECH AND CLIMATECH-FOCUSED SPAC IN EUROPE

OboTech Acquisition SE is a newly formed special purpose acquisition company (SPAC) established with the objective of acquiring one operating business with principal business operations in a member state of the European Economic Area, the United Kingdom or Switzerland in the form of a merger, capital stock exchange, share purchase, asset acquisition, reorganization or similar transaction.

As the first proptech and climatech-focused European SPAC, OboTech Acquisition SE will be targeting high quality businesses with innovative products or services in the real estate technology and climate technology sectors. These focus sectors exhibit highly attractive structural growth drivers, aided by the megatrends of digitalization and sustainability, and offer an attractive investment opportunity with promising valuations and a deep pool of candidates.

Sponsored by Obotritia Capital KGaA and led by an experienced management team with Rolf Elgeti (Chairman and CEO as well as founder and General Partner of Obotritia Capital KGaA), Ben Barnett (CIO), Lars Wittan (CFO) and Richard Kohl (CAO), OboTech Acquisition SE benefits from the sponsor’s powerful combination of growth-stage and public markets expertise along with its well-established deal sourcing network and privileged access to entrepreneurs in the proptech and climatech sectors.

A SPAC in general provides an alternative route to the listed markets versus a traditional IPO.

For investors, this is a unique opportunity to participate in a European proptech and/or climatech company together with a leadership team with a strong track record of value creation.

For founders and entrepreneurs of private businesses, OboTech Acquisition SE is an ideal partner for the next stage of the company’s journey.  In addition to being a trusted provider of capital, OboTech Acquisition SE brings hands-on management and strategic expertise, and will leverage its deep network of market participants to accelerate the company’s growth and create long-term value.

 

This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the Securities Act of 1933, as amended, or an exemption from registration. There will be no public offering of securities in the United States.