WOOD SPAC One has successfully raised funds

WOOD SPAC One (WSO) has successfully completed the first SPAC IPO in the CEE region.

WSO is a special purpose acquisition company (SPAC), incorporated for the purpose of acquiring a significant minority stakes in businesses with principal operations in Central Europe. As a first SPAC in the CEE region, the company is powered by WOOD & Company, the Oaklins member firm in the Czech Republic, and follows the successful launch of two SPACs done by Oaklins Netherlands (Dutch Star Companies) and four SPACs by Oaklins Italy (Industrial Stars of Italy). WSO is led by the sponsors Jan Sykora, Vladimir Jaros and Lubomir Soltys, partners at WOOD & Company, and the team of WOOD & Company.

Oaklins’ team in the Czech Republic, in cooperation with Oaklins’ team in the Netherlands, executed the IPO from start to listing. During this process, the team was involved in securing significant pre-commitments from cornerstone investors, the structuring of the deal as well as the IPO.