Nearly two-thirds of previous VTAC's independent shareholders chose to redeem their shares, even though they gave the go-ahead for the acquisition.
17LIVE, the first entity to go through a de-spac on the Singapore Exchange (SGX:S68
) , ended its trading debut on Dec 8 down 73 cents, or nearly a fifth.
The counter closed at $3.15, down 18.81% from when it was last traded as Vertex Technology Acquisition Corp (VTAC), which acquired 17LIVE.
