Lakestar SPAC I SE
Lakestar SPAC I SE : Lakestar SPAC I announces successful completion of the business combination with HomeToGo

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Press Release

Lakestar SPAC I announces successful completion of the business combination with HomeToGo

Luxembourg, 21 September 2021 – Lakestar SPAC I SE (“Lakestar SPAC I”), a publicly listed special purpose acquisition company (SPAC) sponsored by Dr. Klaus Hommels, Founder and Chairman of Lakestar Advisors, today announced the successful completion of its business combination with HomeToGo GmbH, a marketplace with the world’s largest selection of alternative accommodation. The Frankfurt Stock Exchange ticker symbols for the shares and the warrants of the combined company, renamed HomeToGo SE, are expected to be changed to “HTG” and “HTGW” respectively, beginning on 22 September 2021.

On 14 July 2021, Lakestar SPAC I and HomeToGo GmbH entered into a business combination agreement by way of a contribution of all shares in HomeToGo GmbH into Lakestar SPAC I in exchange for the issuance of new public shares (“New Public Shares”). Earlier today, the prospectus prepared for the admission of the New Public Shares to trading on the Frankfurt Stock Exchange has been approved by CSSF (Commission de Surveillance du Secteur Financier), thereby fulfilling the final closing condition. The business combination was unanimously approved by Lakestar SPAC I shareholders attending the Extraordinary General Meeting (EGM) on 13 September 2021.

HomeToGo SE has applied for admission of the New Public Shares to trading on the regulated market (Regulierter Markt) of the Frankfurt Stock Exchange (General Standard). Trading of the New Public Shares is expected to commence tomorrow, 22 September 2021.

About HomeToGo

HomeToGo was founded in 2014 with a vision to make incredible homes easily accessible to everyone. To pursue this vision, HomeToGo was able to build and constantly grow a trusted and easy-to-use technology platform that brings together property suppliers with travellers from all across the world.

HomeToGo operates a marketplace for alternative accommodations that connects millions of travellers searching for a perfect place to stay with thousands of inventory suppliers across the globe, resulting in the world’s most comprehensive inventory coverage in the alternative accommodation space.

HomeToGo’s marketplace is beneficial to both of its customer groups: Consumers who visit HomeToGo’s websites gain access to the largest inventory in one place, and supply partners who use the platform’s reach and technology solutions are better able to serve a wide range of customers and generate more high quality demand.

Headquartered in Berlin, Germany, HomeToGo operates localised websites and apps in 23 countries.

For more information visit: www.hometogo.de

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This publication constitutes neither an offer to sell nor a solicitation to buy securities. These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the “Securities”) of HomeToGo SE (the “Company”) in the United States, Australia, Canada, Japan or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). There will be no public offering of the securities in the United States. The Securities of the Company have not been, and will not be, registered under the Securities Act. The securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan subject to certain exceptions.

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The Securities are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any Retail Investor in the EEA. For these purposes, a “Retail Investor” means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments, as amended (“MiFID II”); (ii) a customer within the meaning of Directive (EU) 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution, as amended, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. Consequently, no key information document required by Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products (the “PRIIPs Regulation”) for offering or selling the Units or otherwise making them available to Retail Investors in the EEA has been prepared and therefore offering or selling the Units or otherwise making them available to any Retail Investor in the EEA may be unlawful under the PRIIPs Regulation.

Solely for the purpose of the product governance requirements contained within MiFID II, (ii) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 of 7 April 2016 supplementing MiFID II and (iii) local implementing measures (together, the “MiFID II Requirements”), and disclaiming any and all liability, whether arising in tort, contract or otherwise, which any “manufacturer” (for the purposes of the MiFID II Requirements) may otherwise have with respect thereto, the Public Shares and Public Warrants have been subject to a product approval process. As a result, it has been determined that (i) the Public Shares are (a) compatible with an end target market of Retail Investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II, and (b) eligible for distribution through all distribution channels permitted by MiFID II and (ii) the Public Warrants are (a) compatible with an end target market of investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II, and (b) eligible for distribution to professional clients and eligible counterparties through all distribution channels permitted by MiFID II.

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