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Ex-MegaFon Chief Raises $450 Million for Europe Tech SPACs

  • Russian executive to list the blank-check vehicles on Nasdaq
  • Ivan Tavrin’s first SPAC merged with game developer Nexters
Updated on

Former MegaFon PJSC head Ivan Tavrin raised $450 million for two new blank-check companies targeting acquisitions in the European technology industry.

The Russian businessman’s Kismet Acquisition Two Corp. has completed a $200 million U.S. initial public offering, while Kismet Acquisition Three Corp. priced a $250 million sale, according to separate statements Wednesday.