DGAP-News: Lakestar SPAC I SE / Key word(s): AGM/EGM
Lakestar SPAC I SE : Lakestar SPAC I to hold Extraordinary General Meeting to vote on business combination with
HomeToGo GmbH and future Supervisory Board
2021-08-13 / 07:34
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PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.
Lakestar SPAC I to hold Extraordinary General Meeting to vote on business combination with HomeToGo GmbH and future
- Extraordinary General Meeting of shareholders to be held virtually on 13 September 2021 at 10.00 am CEST
- Main topics will be the approval of the business combination with HomeToGo GmbH, the name of the combined entity and
the composition of the supervisory board
Luxembourg, 13 August 2021 - Lakestar SPAC I SE (Frankfurt Stock Exchange: LRS1) ("Lakestar SPAC I"), a publicly listed
special purpose acquisition company whose Sponsor and Chairman is Dr. Klaus Hommels, Founder and Chairman of Lakestar
Advisors, today gives notice to the holders of shares of Lakestar SPAC I SE that an Extraordinary General Meeting
("EGM") of shareholders will be held on 13 September 2021 at 10.00 am CEST. In accordance with the law of 23 September
2020 relating to measures on the holding of meetings in companies and other legal entities, as extended, the Company
will not hold a physical meeting.
At the EGM, the shareholders will vote on the following topics, among others:
1. Approval of the proposed business combination with HomeToGo GmbH (the "Business Combination"). This approval will
require a simple majority of the share capital present at the EGM.
2. Change of the name of the Company into "HomeToGo SE". This change will require a majority of two-thirds of the share
capital present at the EGM.
3. Appointment of Mr. Christoph Schuh, Dr. Dirk Altenbeck, Mr. Philipp Kloeckner, Mr. Martin Reiter, Ms. Susanne
Sandler and Mr. Thilo Semmelbauer as new members of the supervisory board, effective as of the decision of the
supervisory board of the Company to be taken on the date following the Business Combination.
Further points to be decided will be the remuneration of the members of the supervisory and management boards of the
Company and the confirmation of the granting of an irrevocable power of attorney to the management board.
Copies of the proposals of the resolutions of the EGM as well as the documents related to the agenda items will be on
display for inspection by the shareholders on the Company's website (www.lakestar-spac1.com) and at the registered
office of the Company as from 13 August 2021. Upon request to firstname.lastname@example.org, copies of these documents are
going to be mailed to the shareholders.
Candidates for the Supervisory Board of the Company
The following candidates are proposed for the Company:
Christoph Schuh was born in 1964 in Cologne, Germany. He holds a Master's degree in Business Administration from the
University of Cologne, Germany. Mr. Schuh started his career in 1991 as a corporate developer at Bertelsmann. He joined
the Hubert Burda Media/Verlagsgruppe Milchstrasse as vice president in 1994. In 1999, Mr. Schuh co-founded Tomorrow
Internet AG (later Tomorrow Focus AG), an internet portfolio company, and managed the IPO on the German Stock Market.
As part of the management board, he was responsible for different portfolio companies in digital media, advertising and
transaction businesses like HolidayCheck, ElitePartner, Jameda, Tomorrow Focus Media and Huffington Post Germany. In
2016, Mr. Schuh served as an advisor to BC Partners, GC Altium and Amadeus IT Group. In 2017, he became a partner at
Lakestar L.P.; in 2020 also Managing Director for Lakestar Advisors Germany GmbH.
Dr. Dirk Altenbeck was born in 1965 in Essen, Germany. He studied Business Administration at the
Julius-Maximilians-University of Würzburg, where he graduated with an MBA in Business in 1992 and a Ph.D in Business in
1994. During his doctoral studies, Dr. Altenbeck worked in the credit department of the Bayrische Vereinsbank Nuremberg
and as a research associate in the department of Business Administration and Business Taxation at the
Julius-Maximilians-University of Würzburg, where he stayed until 1997. Dr. Altenbeck has been an independent tax
consultant since 1997 and a tax consultant and the managing partner of PKF Issing Faulhaber Wozar Altenbeck GmbH & Co.
KG (accountants and tax consultants) in Würzburg since 2001. Dr. Altenbeck's consulting specialties are structuring
large family-owned businesses, transaction consulting and international tax structuring. In addition, he has been
teaching "International Income Tax Law" at the Julius-Maximilians University in Würzburg since 2003.
Philipp Kloeckner was born in 1980 in Greifswald, Germany. He holds a Diplom-Kaufmann degree in Economics from the
Ernst-Moritz-Arndt-University in Greifswald, Germany. Mr. Kloeckner started his career in 2005 at Idealo Internet GmbH
as division manager Travel, Search Engine Optimization and Business Intelligence. From 2012 to 2014, he served as
search strategy consultant at Wimdu GmbH before joining Treatwell (Wahanda) as search strategy advisor in 2015. In
2016, Mr. Kloeckner became the managing director of Trade Machines FI GmbH, where he remained until 2018. Mr. Kloeckner
has served and currently serves as search strategy consultant and advisor for a vast variety of companies, including
Foodpanda and Hellofood, Lamudi, Mädchenflohmarkt GmbH, Visual Meta GmbH, Home24, Lazada, iPrice, GetYourGuide and
Rocket Internet SE. Since 2018, he serves as a marketing and due diligence advisor for KKR & Co. Inc and other top-tier
private equity firms. He is also a mentor and angel investor for the Axel Springer Porsche APX Accelerator and the Plug
and Play Hamburg Accelerator.
Martin Reiter was born in 1983 in Leoben, Austria. He holds a Bachelor's degree in Economics and Master's degrees in
Philosophy, Law and Finance from the Karl-Franzen-University in Graz, Austria. Mr. Reiter started his career in 2007 at
McKinsey & Company as engagement manager. He joined Groupon in 2010 as Vice President International before moving to
Airbnb.com as head of international operations in the same year. In 2011, Mr. Reiter founded Startsglobal, an
international investment and consulting holding focused on High Growth/Tech companies; in 2016, he founded
rare-produce.com, focused on high-quality sustainable food; and in 2017, he founded Reiter Heritage, focused on Real
Estate, Wine and Yachting in France. He joined Wayfair in 2014 as Head of Europe, where he oversees Wayfair's Europe
Business across all functions, offices and warehouse.
Susanne (Greenfield) Sandler was born in 1984 in New York, USA. She graduated magna cum laude from New York
University's Undergraduate Stern School of Business, earning a Bachelor of Science degree in both Finance and
Accounting. Ms. Sandler started her career as an analyst with Merrill Lynch in 2006. She joined Corsair Capital, a
private equity firm, as an Associate in 2008 and moved to the Griffon Corporation in 2010 to become Director of
Corporate Development. Between 2014 and 2017, Ms. Sandler served as Director and then Vice President of Corporate
Development at Booking Holdings, becoming Vice President of Global Strategy in 2017. In 2020, she joined IAC to assume
the role of General Manager of Apalon, where she oversees all major functions of the 200+ person mobile app company.
Thilo Semmelbauer was born in 1965 in Darmstadt, Germany. He holds a dual Master's degree from MIT, in Management and
Electrical Engineering, from the Leaders for Global Operations program, as well as a BA in Engineering and Computer
Science from Dartmouth College, summa cum laude. At the start of his career in the early 1990s, Mr. Semmelbauer worked
for an internal start-up at Motorola, where he launched Motorola's first consumer wireless "communicator" (the Envoy),
and then Motorola's first cable modem for broadband internet access. In 1996, Mr. Semmelbauer joined The Boston
Consulting Group, focusing on Consumer and Technology strategy, including projects in medical imaging, digital
printing, and online retail. In 2000, Mr. Semmelbauer co-founded and was President & COO of WeightWatchers.com, which
became the global leader in online weight loss and was acquired in 2005 by the licensor, Weight Watchers International.
He then served as COO of the combined companies and as interim-CEO of Weight Watchers from 2016 to 2017. Mr.
Semmelbauer was president and COO of Shutterstock from 2010 to 2015 and joined Insight Partners in 2019 where he is
currently a managing director.
EGM process and redemption
Lakestar SPAC I shareholders wishing to cast their vote at the EGM must register in writing by mail, fax or e-mail to
the Centralizing Agent by 30 August 2021, 24.00h CEST, and must then provide a proxy or voting form by 8 September
2021, 24.00h CEST, in order to vote on the agenda items.
Further details regarding this process are available on www.lakestar-spac1.com.
Lakestar SPAC I shareholders wishing to redeem their shares are advised to contact email@example.com for further
On 14 July 2021, HomeToGo GmbH ("HomeToGo"), a marketplace with the world's largest selection of alternative
accommodation, and Lakestar SPAC I SE announced that they had entered into a definitive business combination agreement.
Upon closing of the transaction, the listed entity is expected to be named HomeToGo ("Combined Company") and the
management board will consist of Dr. Patrick Andrae (Co-founder and CEO of HomeToGo), travel tech veteran Wolfgang
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August 13, 2021 01:34 ET (05:34 GMT)