Business

Singapore SPACs Need to Go Hunting in Bigger Markets

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Take Seize Holdings Inc., the Southeast Asian ride-hailing and supply agency that’s gained a Singapore banking license. Seven years in the past, when it was a fledgling startup, a $10 million test from Temasek’s enterprise capital unit persuaded Seize to maneuver its headquarters to Singapore. Lately, Seize consummated its merger with Altimeter Progress Corp., a U.S.-listed SPAC, with the assistance of a $4 billion personal funding in public fairness, or PIPE, providing. Temasek participated within the PIPE, alongside different world traders.

https://www.washingtonpost.com/enterprise/singapore-spacs-need-togo-huntingin-bigger-markets/2021/09/09/795ac6a8-11c2-11ec-baca-86b144fc8a2d_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Singapore SPACs Must Go Looking in Greater Markets

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