EdTechX: A Special Purpose Acquisition Company focused on education and training

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Benjamin Vedrenne-Cloquet from EdTechX Holdings (NASDAQ: EDTX) tells Proactive Investors the company's a SPAC - Special Purpose Acquisition Company, listed on NASDAQ and focused specifically on the education and education technology sectors.

''What's interesting is that SPACs, especially in the US, have started to become very popular, representing 20% of the US IPOs''.

''The sector's exciting firstly because it's big, worth around $6trn, growing at approximately 8% per annum and it's also a sector that's just starting its digital transition''.

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