Often described as blank cheque listings, they were all listed nearly two years ago, amid a spate of interest in such vehicles for companies to list instead of via the traditional IPO route.
Vertex Technology Acquisition Corp, the first spac here to file its prospectus back in December 2021, has called for a trading halt, "pending release of an announcement."
VTAC, together with Novo Tellus Alpha Acquisition and Pegasus Asia, are the only three spacs on the Singapore Exchange (SGX:S68
) .
