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Crown PropTech Acquisitions Priced, NYSE: CPTK

Blank check company targeting real estate technology.

Industry: SPAC

First Day Return: +2.5%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry, we currently intend to concentrate our efforts in identifying businesses that provide technological innovation to the broader real estate ecosystem. As the largest asset class in the world, the real estate industry is vast and includes, but is not limited to: (i) commercial real estate such as office and industrial buildings, retail centers, stadiums and entertainment venues, cultural facilities, manufacturing, hospitality, self-storage facilities, medical and life sciences, student housing and senior housing; (ii) residential real estate such as single family homes, multi-family rental buildings and for sale condominiums; and (iii) assets and services such as infrastructure and utilities, defense and security services, fiber networks, data centers, cell towers and greenspace. We intend to focus on businesses that provide technological solutions that make the built environment more accessible, connected, dynamic, efficient, experiential and sustainable.
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Crown PropTech Acquisitions (CPTK) Performance