Upon completion of the business combination, VTAC will be renamed 17LIVE Group, trading under the new name from Dec 8 onwards. Trading of VTAC’s shares will be resumed on Dec 4.
Singapore’s first special purpose acquisition company (spac) Vertex Technology Acquisition Corp (VTAC) has received shareholders approval for the business combination with pure-play live-streaming platform 17LIVE.
A resounding 95.53% of the spac’s shareholders voted for the proposed merger.
