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SPACs
SPAC mania’s ugly end yields US$46 bil of investor losses
At least 21 former SPAC merger targets went bankrupt in 2023, including electric-vehicle makers and indoor farming firms.
December 28, 2023
SPACs
Pegasus Asia to dissolve its spac. Will Novo Tellus follow suit? (update)
Should the spacs be dissolved, investors’ funds will be returned.
December 20, 2023
SPACs
17LIVE aims for SGX billion-dollar club with VTAC’s de-spac
17LIVE was chosen for its innovative technology, robust revenue base and growth potential.
October 05, 2023
SPACs
Vertex spac eyeing other firms, to announce in due time
On Sept 15, The Edge Singapore was informed by iGet that the company’s planned IPO in 2024 would not be via spacs.
September 18, 2023
SPACs
Will Singapore-listed spacs make their move or fold? (update)
Sources familiar with the matter informed The Edge Singapore that two spacs have already identified their acquisition targets.
September 14, 2023
SPACs
Spac euphoria turns into painful reckoning as liquidity runs dry
"You’re going to see a smaller number of SPACs going forward."
December 15, 2022
SPACs
Grindr's biggest investors are billionaires on stock surge
Grindr’s shares jumped as high as US$71.51 on Friday before retreating to US$36.50 at the end of regular trading in New York.
November 20, 2022
SPACs
Grindr's stock more than doubles in debut after spac deal
Grindr's shares, which went public by merging with Tiga Acquisition Corp., spiked 214% from the price that Tiga closed at on Thurs
November 20, 2022
SPACs
Time's up for the blank-cheque spacs gravy train
Wall Street's good at squeezing the last drop of juice from all sorts of funky investments, and spacs is no different
June 09, 2022
SPACs
Asia’s Spac hopefuls have nowhere to turn as IPO market shuts
Just one SPAC has gone public in Hong Kong, Aquila Acquisition Corp., while another 11 wait in the wings.
May 18, 2022