Spree Acquisition Corp. 1 (NYSE:SHAP) is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Since its initial public offering in 2021, the company has operated as a blank‐check vehicle, leveraging its balance sheet and sponsor expertise to identify and complete a strategic business combination. Spree Acquisition Corp. 1 is listed on the New York Stock Exchange under the ticker symbol SHAP.
The company’s primary focus is on high‐growth sectors where technology and digital transformation play a critical role, including automotive technology, mobility services, e‐commerce platforms and related aftermarket solutions. By targeting businesses with innovative value propositions—such as electric vehicle charging infrastructure, connected‐car applications, online parts distribution and direct‐to‐consumer vehicle sales—Spree Acquisition Corp. 1 seeks opportunities that combine strong revenue growth potential with scalable operating models.
Geographically, Spree Acquisition Corp. 1 has the flexibility to pursue targets across North America and Europe, with an emphasis on enterprises capable of benefiting from cross‐border expansion and international partnerships. The company’s search criteria typically include firms with established executive teams, defensible market positions and clear pathways to cash flow generation. Through its SPAC structure, Spree Acquisition Corp. 1 offers prospective private companies access to public capital markets and a streamlined route to liquidity.
The leadership and sponsor group behind Spree Acquisition Corp. 1 bring decades of combined experience in investment banking, corporate strategy and the automotive aftermarket. Management includes professionals who have served in senior roles at global financial institutions and automotive industry leaders, as well as advisors with deep expertise in SPAC transactions and post‐combination governance. This blend of transactional experience and sector knowledge underpins Spree Acquisition Corp. 1’s approach to value creation and long‐term shareholder alignment.
