Shearman And Sterling

News December 20, 2021

Spree Acquisition Corp. 1 Limited’s $200 Million IPO

Shearman & Sterling advised Stifel as sole book-running manager on the initial public offering of Spree Acquisition Corp. 1 Limited, a special purpose acquisition company, of 20 million units at an offering price of $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

Spree Acquisition Corp. 1 Limited is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company intends to focus its search on mobility-related technology businesses. The company is led by Eran (Rani) Plaut, Chairman of the Board and Chief Executive Officer, Nir Sasson, Chief Operating Officer, and Shay Kronfeld, Chief Financial Officer and VP Business.

The Team