SPAC · NASDAQ: INTEU
Uluwatu Capital is the founding sponsor of Integral Acquisition Corporation, a SPAC (Special Purpose Acquisition Company) which is now listed on the NASDAQ, raising USD$115m in the IPO — which was several times oversubscribed — with another USD$30m in FPAs. The purpose of the SPAC will be to invest in a high-growth tech company based in Australia or New Zealand to fuel international growth.
"This is an amazing opportunity for an Australian tech company to make an impact on a global scale — a NASDAQ listing will provide an incredible launch pad for US and international expansion, which is something I was lucky enough to benefit from with my software company, and am very grateful to be able to help another Australian tech company do the same." James Cotton, Co-Founder & Executive Chairman of the SPAC
"Over the past 20 years, Australia and New Zealand have grown into hotbeds of innovation, with established tech hubs producing some of the world's leading businesses in their field. We're seeing more companies than ever coming out of our local tech ecosystem valued at over $100m and there are no signs of this slowing." Enrique Klix, Integral CEO & Co-Founder
The SPAC is backed by leading Australian tech investors, including Artesian, AS1 Growth Partners and Uluwatu Capital, as well as US-based firms Crescent Park Management and Carnegie Park Capital, and the funds raised will be available for investment in a single Australian or New Zealand tech company.
The units are now trading on the NASDAQ under the symbol: INTEU.
If you are interested in learning more, or seeing if your company may qualify for this SPAC, please contact us at aus@uluwatucapital.com.
