VERAISON has been involved in the first Swiss SPAC VT5 since 2021. VT5 was formed with the aim of bringing a successful company to the Swiss stock exchange. VERAISON has been actively involved as a shareholder and through its representation on the Board of Directors in order to realise a value-creating transaction for all stakeholders involved.
VERAISON has discussed the framework conditions of a value-creating transaction with the Board of Directors of VT5 in recent days. We are convinced that no compromises should be made if expectations cannot be met due to market conditions and valuations.
We have communicated to the Board that we have confidence in VT5 and would be happy to consider transactions when they are proposed by the Board in the best interests of investors. Of course, VERAISON cannot give a final assurance on participation until a due diligence has been completed and the final terms are known.
