Investcorp Europe Acquisition Corp I (OQ:IVCB)
Business Focus: Shell Companies
| Sector: Financials | Industry: Holding Companies |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | C/O Paget-Brown Trust Company Ltd. Century Yard, Cricket Sq., P.O. Box 1111 GEORGE TOWN KY1-1102 |
| Tel: | N/A |
| Website: | https://www.investcorpspac.com |
| IR: | See website |
| Key People | ||
| Hazem Ben-Gacem Chairman of the Board | Baroness Ruby Mcgregor-Smith Chief Executive Officer | Peter Mckellar Vice Chairman of the Board |
| Craig Sinfield-Hain Chief Financial Officer | Alptekin Diler Chief Investment Officer | |
| Business Overview |
| Investcorp Europe Acquisition Corp I is a blank check company. The Company is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. It is not limited to specific industry or sector for purposes of consummating a business combination. It intends to focus on business services, consumer and lifestyle, niche manufacturing and technology. It has not commenced any operations. It has not generated any revenue. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Investcorp Europe Acquisition Corp I revenues was not reported. Net loss totaled $4.4M vs. income of $27M. Net loss reflects Change in fair value of warrant liabilit decrease from $24.3M (income) to $6.2M (expense), Formation and operating costs increase from $2.4M to $9.3M (expense), Foreign Exchange Gain/LossNon-Business decrease from $9K (income) to $18K (expense). |
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