Renaissance Capital logo

Lilium (Qell Acquisition) Priced, Nasdaq: LILM

Blank check company formed by PIMCO and industry veterans targeting a sustainable tech business (completed 9/14/2021).

Industry: SPAC

First Day Return: +1.6%

Industry: SPAC

Qell Acquisition is a newly organized, special purpose acquisition company. We intend to focus our search for a suitable initial business combination target in the next-generation mobility, transportation and sustainable industrial technology sectors, but we may pursue an initial business combination target in any stage of its corporate evolution or in any industry, sector or geographic location. We plan to leverage our management team’s extensive experience in our target sectors, along with its and the PIMCO private funds’ significant networks of business owners, company executives, board members, investment bankers, attorneys, venture capital and private equity investors, consultants and others to identify attractive initial business combination opportunities. Our acquisition criteria and managerial expertise position us to capitalize on attractive investment opportunities within the next-generation mobility, transportation and sustainable industrial technology sectors. We believe these are large global markets characterized by strong growth opportunities for disruptive technologies and innovative solutions and which face a significant evolution in customer preferences.
more less
IPO Data
IPO File Date 09/11/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 33.0
Deal Size ($mm) $330
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/29/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $330
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters San Francisco, CA, United States
Founded 2020
Employees at IPO 2
Website qellspac.com

Lilium (Qell Acquisition) (LILM) Performance