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SPAC Anthemis Digital Acquisitions I files for a $200 million IPO, targeting digital financial services

October 1, 2021

Anthemis Digital Acquisitions I, a blank check company formed by Anthemis Group targeting financial technology, filed on Friday with the SEC to raise up to $200 million in an initial public offering.

The New York, NY-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, Anthemis Digital Acquisitions I would command a market value of $272 million.

The company is led by CEO and Chair Amy Nauiokas, the founder and CEO of Anthemis Group, an investment manager focused exclusively on reinventing financial services for the modern age. The company plans to target digital financial services, or modern financial technology, focusing on businesses that reflect its core guiding principles of collaboration, virtuous cycle outcomes, and diversity, equity and inclusivity.

Anthemis Digital Acquisitions I was founded in 2021 and plans to list on the Nasdaq under the symbol ADALU. The company filed confidentially on April 6, 2021. Barclays and Credit Suisse are the joint bookrunners on the deal.