The investment bank WOOD & Company plans to list the first SPAC in Central Europe on the Prague Stock Exchange this autumn. Its co-owner, Ľubomír Šoltýs, explained to HN which companies can benefit the most from the concept, but he also responded to the criticism he has been receiving from financial experts.
3 May 2022, Prague – WOOD SPAC One closed the bookbuilding period of the first-ever SPAC listing on the Prague Stock Exchange (PSE) on 29 April 2022.
WOOD SPAC One has extended the bookbuilding period of the first SPAC on the Prague Stock Exchange by one month.
Czech investment banking group WOOD & Company plans to raise up to 1 billion crowns ($47.21 million) in what would be central Europe's first blank cheque firm.
Co-owner Ľubomír Šoltýs explained to HN which companies can benefit the most from the concept, but he also responded to the criticism that financial magicians make with him.
Please read the following important information concerning the guidelines for accessing this website and the use of the materials and information contained herein carefully. The laws of certain countries outside the Czech Republic may restrict access to the information contained in this website. Please note that the information provided below may be subject to changes or updates. Consequently, you should review it before accessing the material on this website each time.
It is understood that, by clicking “CONTINUE”, you acknowledge that you have read this important information, understand it and are fully aware of its importance.
THE INFORMATION ACCESSED THROUGH THIS WEBSITE IS DIRECTED SOLELY FOR PERSONS WHO ARE NOT RESIDENTS OF THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, HONG KONG, NEW ZEALAND, SINGAPORE, SWITZERLAND OR THE REPUBLIC OF SOUTH AFRICA, AND WHO ARE NOT PHYSICALLY PRESENT IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, HONG KONG, NEW ZEALAND SINGAPORE, SWITZERLAND OR THE REPUBLIC OF SOUTH AFRICA. THIS INFORMATION DOES NOT CONSTITUTE AN OFFER OR SOLICITATION TO PURCHASE SECURITIES OF WOOD SPAC ONE A.S.(THE “COMPANY”) IN THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION IS NOT AUTHORISED OR TO ANY PERSON IF TO DO SO WOULD BE UNLAWFUL. PROSPECTIVE USERS OF THIS INFORMATION ARE REQUIRED TO ACQUAINT THEMSELVES WITH AND TO OBSERVE ANY SUCH RESTRICTIONS.
The issuer of the securities referred to in the information accessed through this website has not registered and does not intend to register any portion of the offering on the basis of the US Securities Act of 1933, as amended (the “US Securities Act“) or to conduct an offer or sale of any securities in the United States of America. There will be no public offering of any securities in the United States of America. The information accessed through this website is being distributed outside the United States of America in reliance on Regulation S under the US Securities Act.
The information accessed through this website may not be released, distributed or otherwise transferred, directly or indirectly, in whole or in part, in or into the United States of America, or to US persons (as defined in Regulation S issued under the US Securities Act) or in the territory or into the territory of Australia, Canada, Japan, Hong Kong, New Zealand, Singapore, Switzerland, the Republic of South Africa or any other jurisdiction where the distribution of this material would violate any applicable law or regulation or would require any registration or license in that jurisdiction. Failure to comply with this requirement may result in a violation of the US Securities Act or other applicable securities laws.
In any Member State of the European Economic Area outside the Czech Republic in which Regulation (EU) 2017/1129 (the “Prospectus Regulation”) is in force, the information accessed on this website is directed and intended only for qualified investors in that Member State, within the meaning of Article 2(e) of the Prospectus Regulation.
In the United Kingdom, the information accessed through this website is only addressed to and intended for qualified investors within the meaning of the relevant UK laws who, in addition: (i) have professional experience in investment matters as referred to in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are subject to Section 49(2)(a) to (d) of the Order, or (iii) to whom such a document or material may lawfully be communicated.
The materials to which you will gain access do not constitute an investment recommendation within the meaning of the Market Abuse Regulation (Regulation (EU) No 596/2014) and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing the Market Abuse Regulation with regard to regulatory technical standards for the technical arrangements for the objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest.
The public offering of the Company’s securities in the Czech Republic (the “Offering”) referred to in the materials to which you will obtain access will be conducted on the basis of a prospectus, which was published after its approval by the Czech National Bank (the “CNB”) and which is the sole legally binding offering document containing information about the Company and the securities offered by the Company and admission to listing on a regulated market operated by the Prague Stock Exchange.
Neither the Prospectus nor the securities of the Company to which it refers will be subject to registration, approval or notification in any country outside the Czech Republic, in particular under the Prospectus Regulation or the US Securities Act, and may not be offered or sold outside the Czech Republic (including other countries of the European Union and the United States of America), unless, in a given country, such an offer or sale could be conducted in compliance with the law without the necessity of meeting any additional legal requirements by the Company, the selling shareholders or their advisors.
It is understood that, by clicking “CONTINUE”, you acknowledge that:
It is understood that, by clicking “CONTINUE”, you are also stating that: