“Discover Italia!” aims to merge with Onda Group as its first target company. AIM Italy allows SPACs to name their target companies.
The Sponsor Group of PPR SPAC is excited about the Onda Group target which allows investors to benefit from the high-growth Mediterranean Utilities market.
Andreea Porcelli was quoted: “We are excited to announce Onda Group as the PPR SPAC Target Company for the “Discover Italia!” vertical. The pandemic has made the global trend towards clean energy accelerate while population trends are signaling a shift to sunny, affordable lifestyles to be the choice for Millenials, Gen X and remote workers globally.”
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