A Guernsey-incorporated, sustainability-centric special purpose
acquisition company (SPAC) has been admitted to trading on the Main
Market of the London Stock Exchange (LSE).
Ikigai Ventures Limited was established to acquire companies
with a specific focus on sustainability and ESG strategy as part of
their core business.
Carey Olsen's Guernsey corporate team advised on the
Guernsey legal and regulatory aspects of the admission. Partner
Tony Lane, who led the team, said: "Once again, Guernsey has
proven its reputation as a jurisdiction of choice for incorporating
and listing SPAC vehicles and it has been a pleasure to apply our
strength and expertise in capital market transactions in order to
assist this launch".