More shit SPAC IPOs? -
Tangsen - 13-01-2022
Both are snake oil selling lan chal SPACs … back door listing like those parachute backdoor MPs and mini-stir.
All bo substance must back door.
This is for initial investors to cash out or bail ship. Both not cheap $5 per piece …. KNN
https://www.theedgesingapore.com/capital/ipo/vertex-ventures-and-pegasus-asia-lodge-respective-preliminary-prospectuses-spac-listing
Vertex Technology Acquisition Corporation first spac to launch, aims to raise $200 million
VTAC is issuing 11.8 million units at an offer price of S$5 apiece, as stated previously in its preliminary prospectus
Pegasus Asia Spac, backed by Tikehau Capital and other partners, has similarly lodged its preliminary prospectus of its SPAC IPO on the Singapore Exchange (SGX).
As indicated in the prospectus, Pegasus Asia plans to offer 25.6 million units at $5 each, raising some $128 million, subject to over-allotment