Ticker Launch

SPAC · Merger completed

L Catterton Asia Acquisition Corp

Business combination with Lotus Technology Inc.

L Catterton Asia Acquisition Corp is a blank-check company (SPAC) that raised $250M in its initial public offering on Mar 12, 2021, listing on Nasdaq Capital Market. It completed its business combination with Lotus Technology Inc. on Feb 22, 2024; the combined company is Lotus Technology Inc. (LOT). Credit Suisse led the IPO. Kirkland & Ellis advised the SPAC and A&O Shearman advised the underwriters on the IPO.

Lotus Technology Inc. designs luxury battery electric vehicles, including SUVs and sedans. It focuses on research and development in automobility technologies such as electrification and digitalisation, and is merging with L Catterton Asia Acquisition Corp.

Status
Merger completed
IPO date
Mar 12, 2021
IPO size
$250M
IPO exchange
Nasdaq Capital Market
Target
Lotus Technology Inc.
Announced
Jan 31, 2023
Closed
Feb 22, 2024
Combined company
Lotus Technology Inc. (LOT)
IPO underwriters
Credit Suisse
SPAC counsel (IPO)
Kirkland & Ellis and Mourant
Underwriters' counsel (IPO)
A&O Shearman

More on this SPAC for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Then $99/month or $999/year. Cancel anytime.

Filings

Other deSPACs that closed in 2024