1. Why do a spac now?
Vertex Technology Acquisition Corporation (VTAC), a Vertex Holdings’ spac, plans to acquire businesses at the forefront of technology transformation, creating long-term value for its target company and stakeholders. VTAC aims to acquire or merge with value-creating businesses at a fast-growth stage of their life cycle and will focus its search on AI, cyber security and enterprise solutions, consumer internet and technologies, FinTech, autonomous driving/new electric vehicle, biomedtech and digihealth.

