The new announcement follows careful consideration and thorough evaluation of potential targets, as well as taking into consideration current market conditions, says executive chairman and CEO Loke Wai San in a filing.
Novo Tellus Alpha Acquisition (NTAA) is not concluding a business combination ahead of the January 26 deadline, confirming The Edge Singapore’s previous report.
NTAA denied that was looking to dissolve the spac on Dec 20, 2023, following the report.
