SPAC in Cloud

Streamlining the access to the public markets through the ELITE funding platform.

SPAC in CLOUD is the new path to IPO that combines the advantages of the traditional SPAC and the digital fundraising model of the ELITE Funding platform.

In partnership with:

Read more about the model and Digital Value, the first company to be successfully listed through SPAC in CLOUD

The Process

 

  • Appointment of the ELITE Partner (assumed to be the reference broker of the IPO)
  • Upload of the documents in the Digital Data Room, with disclosure of Promoters and Cornerstone Investors
  • Every new deal is the result of a negotiation among Promoters, Company and the Cornerstone Investor/s
  • Opening of the opportunity to Follow-on investors with a specific set of securities
  • Orders collection
Cornerstone investor and Follow-on investors engagement is subject to settlement/listing of the target.
 

TARGET COMPANY
ELITE Companies, to be listed. 

PROMOTER/S
Identification of the Target, selection of the Cornerstone Investor, structuring and negotiation of the transaction, partial coverage of transaction costs.

CORNERSTONE INVESTOR/S
Pre-entry with a buy-side due diligence and a minimum commitment in the deal.

FOLLOW-ON INVESTORS
Invest in target shares and warrants, separately traded on the market.

Highlights

SPAC in CLOUD is the new path to IPO.

Investors have direct and online access to investment opportunities in IPOs

Negotiation among Promoters, Company and Cornerstone Investor

Cornerstone Investor minimum commitment of 20% of the total offer before addressing the opportunity to Follow-on Investors

Promoters, Cornerstone and Follow-on Investors subscribe security sets with different combinations of Company's shares and warrants

The transaction execution is subject to the admission to the public market

Are you interested in investing through the SPAC in CLOUD model?

Join our international community of professional Investors.

Do you want to know more about our SPAC in Cloud model?

SPAC in CLOUD is an environment dedicated to the fundraising of companies seeking admission to the public market.

 

Risk Warning.

The platform provided by Elite to assist Elite companies in meeting their funding needs is operated jointly by Elite Club Deal Limited and Elite SIM S.p.A. Segregated environments are maintained for the clients of these respective entities.
Elite Club Deal Limited, The London Stock Exchange, 10 Paternoster Square, London EC4M 7LS is authorised and regulated by the Financial Conduct Authority (FRN 761002) and incorporated in England with Company No. 10274181.
ELITE SIM S.p.A., Piazza degli Affari, 6, Milano 20123 is authorised and regulated by CONSOB under resolution No. 21002 dated 19 July 2019, under registered number 300 and incorporated in Italy with Company No. 10475100961. https://www.acf.consob.it/
Elite companies considering the Elite platform as a means of capital raising should seek independent advice as to the suitability of the service. Acceptance onto the platform should not be considered a guarantee that a company will be successful in securing investment. Potential investors should take their own independent advice to assess the suitability of investments made available through the Elite platform.

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