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Pegasus Asia spac sees full offering size of 29.6 mil offering units allocated

Felicia Tan
Felicia Tan • 3 min read
Pegasus Asia spac sees full offering size of 29.6 mil offering units allocated
Shares in Pegasus Asia will commence trading on the Singapore Exchange’s (SGX) Mainboard at 9am on Jan 21.
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Pegasus Asia spac, which counts sponsors such as Tikehau Capital, Financière Agache, Diego De Giorgi and Jean-Pierre Mustier, has allocated its full offering size of 29.6 million offering units.

The spac has raised some $170 million in gross proceeds at its initial public offering (IPO).

In an evening filing on Jan 20, Pegasus Asia announced that its international offering of 25 million placement units was “oversubscribed”.

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