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European Biotech Acquisition Corp.

CIK 0001841258

Cash in trust

$129.4M

$129,396,138

Trust per share

$10.00

Redemption value

IPO

Mar 2021

$127.5M raised

Combination deadline

Not disclosed

Filings on record

65

Latest Mar 13, 2023

Overview

European Biotech Acquisition Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001841258. It completed its initial public offering in Mar 2021, raising $127.5M in gross proceeds. The vehicle is sponsored by LSP Sponsor EBAC B.V., a Dutch through LSP Sponsor EBAC B.V., a Dutch limited. The mandate targets healthcare. Deadline lapsed without a deal; trust returned to public shareholders.

We intend to seek the following characteristics in a potential merger target for EBAC: · European footprint: We believe the European life sciences industry is less competitive as compared to the US because of the relatively limited number of experienced venture capitalists in Europe, allowing us to be highly selective.
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what European Biotech Acquisition Corp. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Trust versus the $10 unit

    The trust holds $10.00 per public share, effectively the $10.00 the units were sold at, so little or no interest has accrued to the account yet.

  • Warrant coverage

    Each unit carried one-third of one warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.

  • Underwriting

    Credit Suisse led the offering. It has been named on 76 SPAC IPOs, book-running 57 of them, and 12% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

SEC filing history

Free tier: filings older than 24 hours
  • 15-12G

    Deregistration of securities

    Accession 0000950103-23-004000

    Mar 13, 2023

    3y ago

    Open filing
  • 25-NSE/A

    25-NSE/A filing

    Accession 0001354457-23-000139

    Mar 2, 2023

    3y ago

    Open filing
  • 8-K

    Submission of matters to a vote of security holders; Other events

    Items 5.02, 5.07, 8.01, 9.01 · Accession 0001193125-23-053836

    Feb 28, 2023

    3y ago

    Open filing
  • 10-K

    Annual report

    Accession 0001193125-23-051721

    Feb 27, 2023

    3y ago

    Open filing
  • 8-K

    Current report

    Items 2.03, 9.01 · Accession 0001193125-23-043655

    Feb 21, 2023

    3y ago

    Open filing
  • DEFA14A

    Additional proxy soliciting material

    Accession 0001140361-23-006928

    Feb 14, 2023

    3y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001076809-23-000077

    Feb 14, 2023

    3y ago

    Open filing
  • 8-K

    Current report

    Items 2.03, 9.01 · Accession 0001193125-23-036455

    Feb 13, 2023

    3y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001193125-23-035718

    Feb 13, 2023

    3y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001319244-23-000033

    Feb 6, 2023

    3y ago

    Open filing
  • DEFM14A

    Definitive merger proxy statement

    Accession 0001193125-23-024324

    Feb 3, 2023

    3y ago

    Open filing
  • UPLOAD

    SEC staff comment letter

    Accession 0000000000-23-001007

    Jan 31, 2023

    3y ago

    Open filing
  • 425

    Business-combination communication

    Accession 0000950103-23-001267

    Jan 30, 2023

    3y ago

    Open filing
  • 8-K

    Entry into a material definitive agreement

    Items 1.01, 9.01 · Accession 0000950103-23-001266

    Jan 30, 2023

    3y ago

    Open filing
  • UPLOAD

    SEC staff comment letter

    Accession 0000000000-23-000314

    Jan 12, 2023

    3y ago

    Open filing
  • UPLOAD

    SEC staff comment letter

    Accession 0000000000-22-013737

    Dec 20, 2022

    3y ago

    Open filing
  • 425

    Business-combination communication

    Accession 0001193125-22-304443

    Dec 14, 2022

    3y ago

    Open filing
  • 8-K

    Regulation FD disclosure

    Items 7.01, 9.01 · Accession 0001193125-22-304441

    Dec 14, 2022

    3y ago

    Open filing
  • UPLOAD

    SEC staff comment letter

    Accession 0000000000-22-013036

    Dec 2, 2022

    3y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001193125-22-284207

    Nov 14, 2022

    3y ago

    Open filing
  • F-4

    F-4

    Accession 0001193125-22-278594

    Nov 7, 2022

    3y ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Regulation FD disclosure

    Items 1.01, 3.02, 7.01, 9.01 · Accession 0000950103-22-017851

    Oct 17, 2022

    3y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001193125-22-221316

    Aug 15, 2022

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001193125-22-151461

    May 16, 2022

    4y ago

    Open filing
  • 10-K

    Annual report

    Accession 0001193125-22-092006

    Mar 31, 2022

    4y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001104659-22-021201

    Feb 14, 2022

    4y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0000950103-22-002220

    Feb 8, 2022

    4y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001319244-22-000040

    Jan 27, 2022

    4y ago

    Open filing
  • 8-K

    Current report

    Item 4.02 · Accession 0000950103-21-018240

    Nov 22, 2021

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001193125-21-337192

    Nov 22, 2021

    4y ago

    Open filing

European Biotech Acquisition Corp.: questions answered

What is European Biotech Acquisition Corp.?

European Biotech Acquisition Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001841258. It completed its initial public offering in Mar 2021, raising $127.5M in gross proceeds. The vehicle is sponsored by LSP Sponsor EBAC B.V., a Dutch through LSP Sponsor EBAC B.V., a Dutch limited. The mandate targets healthcare. Deadline lapsed without a deal; trust returned to public shareholders.

How much does European Biotech Acquisition Corp. hold in trust?

Approximately $129,396,138, or about $10.00 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must European Biotech Acquisition Corp. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if European Biotech Acquisition Corp. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in European Biotech Acquisition Corp., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $10.00 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

Is the trust value the same as the share price for European Biotech Acquisition Corp.?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do European Biotech Acquisition Corp.'s founder shares and warrants create?

Each unit also carried one-third of one warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors European Biotech Acquisition Corp., and what is their track record?

LSP Sponsor EBAC B.V., a Dutch limited is the sponsor entity, part of the LSP Sponsor EBAC B.V., a Dutch franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Eduardo Bravo.

Which banks underwrote the European Biotech Acquisition Corp. IPO?

Credit Suisse, Kempen &. Credit Suisse was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is European Biotech Acquisition Corp. a good investment?

That is not a question this site answers. European Biotech Acquisition Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this European Biotech Acquisition Corp. data come from?

Filings European Biotech Acquisition Corp. submitted to the SEC under CIK 0001841258: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Sep 4, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.