Investcorp Europe Acquisition Corp I Announces Closing of Upsized $345,000,000 Initial Public Offering

Dec 17, 2021

Investcorp Europe Acquisition Corp I (NASDAQ: IVCBU) (the “Company”), a newly incorporated blank check company, today announced that it closed its initial public offering of 34,500,000 units at a price of $10.00 per unit, including 4,500,000 units pursuant to the full exercise of the underwriters' overallotment option. The offering was upsized from an original 25,000,000 unit offering to a 34,500,000 unit offering. The gross proceeds from the offering were $345 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the Nasdaq Global Market (“NASDAQ”) under the ticker symbol “IVCBU” on December 15, 2021.

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