21-01-2022, 06:02 PM
S'pore's first listed Spac starts trading: What is a Spac and how does it work?
https://www.straitstimes.com/business/co...w-it-works
Singapore’s first special purpose acquisition company (Spac) started trading on the mainboard of the local bourse on Thursday (Jan 20).
Vertex Technology Acquisition Corp (VTAC) began trading at 2pm at $5.25 per unit, up from its IPO price of $5. It closed at $5.05, with about 21 million units changing hands.
https://www.straitstimes.com/business/co...w-it-works
Singapore’s first special purpose acquisition company (Spac) started trading on the mainboard of the local bourse on Thursday (Jan 20).
Vertex Technology Acquisition Corp (VTAC) began trading at 2pm at $5.25 per unit, up from its IPO price of $5. It closed at $5.05, with about 21 million units changing hands.