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New Deal


Announced

Flybondi to go public via a SPAC merger with Integral Acquisition 1.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Airlines

De-SPAC

Majority

Private

Pending

Friendly

Single Bidder

Argentina

low-cost airline

Acquisition

Cross Border

Merger

Reverse Takeover

Synopsis

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Flybondi, a low-cost airline, agreed to go public via a SPAC merger with Integral Acquisition 1, a special purpose acquisition company. Financial terms were not disclosed. “Flybondi’s success is the product of disciplined execution by our team of 1.4k talented professionals. Despite economic and pandemic-related challenges, I believe our team has built a true world-class carrier. The planned listing will provide us the opportunity to showcase this home-grown success on Nasdaq, which hosts many of the world’s fastest growing and most innovative companies," Peter Yu, Flybondi Chairman.

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