Special purpose acquisition companies, or SPACs, were listed back in January 2022 to much fanfare. Back then, three SPACs were listed on the mainboard of the Singapore Exchange (SGX) – Vertex Technology Acquisition Company (VTAC), Pegasus Asia (SGX: PGU), and Novo Tellus Alpha Acquisition (SGX: NTU), or NTAA. SPACs are blank-cheque companies set up with […]

source: https://thefinance.sg/2024/01/02/singapore-spacs-are-reaching-their-2-year-mark-whats-in-store-for-this-asset-class/