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Arqit Quantum (Centricus Acquisition) Priced, Nasdaq: ARQQ

UK-based blank check company led by former executives at Silversea Cruises and Deutsche Bank (completed 9/3/2021).

Industry: SPAC

Latest Trade: $0.51 0.00 (0.0%)

First Day Return: +3.7%

Return from IPO: -94.9%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an acquisition opportunity in any business, sector or geography, we intend to capitalize on the ability of our management team to identify, acquire and manage a growth-oriented, market leading business. Our network and transaction sources, ranging from industry executives, private owners, private equity funds, and investment bankers in combination with the extensive global industry and geographical reach of our affiliates will enable us to pursue a broad range of opportunities. Our management team has extensive experience in identifying and executing acquisitions in North America and Europe and has done so successfully in a number of sectors. Through our Chairman, Manfredi Lefebvre d’Ovidio, and our CEO, Garth Ritchie, we have unmatched connectivity across the European landscape, making us the merger partner of choice to European companies with global business models that would benefit from a U.S. listing and access to the U.S. markets. Mr. Lefebvre is Chairman of Heritage Group, a diversified conglomerate with interests in the cruise industry, property and financial investments, and served as Executive Chairman of Silversea Cruises from 2001 to 2020. Mr. Ritchie joined London-based global investment firm Centricus in June 2020, after serving as head of Deutsche Bank's Corporate & Investment Bank division. The coronavirus pandemic has created a landscape where many companies with solid historical performance and strong underlying tail winds could benefit from partnering with us and utilize the additional capital to fund initiatives to further solidify their positions in the marketplace and come out as stronger companies.
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IPO Data
IPO File Date 12/31/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Deutsche Bank
Company Data
Headquarters London, United Kingdom
Founded 2020
Employees 2
Website www.centricus.com

Arqit Quantum (Centricus Acquisition) (ARQQ) Performance