News

Investcorp Executive Chairman Mohammed Alardhi Rings Nasdaq Opening Bell for Inaugural SPAC

23 Mar 2022

Investcorp today announced that its Executive Chairman, Mohammed Alardhi, rang the Nasdaq Opening Bell on Wednesday, March 23, 2022 at 9:30 a.m. EDT (4:30 p.m. AST) in honor of the public listing of Investcorp Europe Acquisition Corp I (Nasdaq: IVCB), a special purpose acquisition company sponsored by Investcorp, which completed its initial public offering on December 17, 2021.

“This ceremony, reflecting the launch of Investcorp Europe Acquisition Corp I, represented an important milestone for us and signals how far we have grown the Investcorp platform since our founding in 1982,” said Mr. Alardhi. “Investcorp Europe Acquisition Corp I marks our entry into the SPAC market, and while this may be a new investment vehicle for us, the overall strategy fits our deal making heritage very well. Since our formation we have been stewards of capital for our clients with a focus in private equity and identifying, partnering with, and growing companies.”

The ceremony can be viewed here.