OpSec and Investcorp Europe Acquisition Corp I Secure Investment

OpSec, provider of holographic foils, IP management and brand protection solutions, and Investcorp Europe Acquisition Corp I, a special purpose acquisition company, have announced a strategic investment from SAKATA INX Corporation in the form of unsecured convertible loan notes issued by OpSec.

In April 2023, OpSec and Investcorp Europe entered into a definitive business combination agreement that would result in OpSec becoming a public company. Upon closing of the proposed business combination, the newly combined company will operate as OpSec Group and will trade under the symbol ‘OPSC’ on NASDAQ. The loan notes will convert into ordinary shares of the newly combined company in conjunction with the closing of the proposed business combination.

Selva Selvaratnam, CEO of OpSec, said: ‘we are excited to further solidify our strategic alliance with SAKATA INX and truly appreciate their partnership and investment in support of our public listing. We look forward to years of collaboration as we develop market-specific solutions to protect our customers’ brands’.

Yoshiaki Ueno, President and CEO of SAKATA INX, said: ‘we are grateful to have had this opportunity with OpSec and look forward to deepening our relationship as we work together to provide our clients with comprehensive brand protection solutions’.