Singapore SPACs Need to Go Hunting in Bigger Markets

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. | Singapore SPACs Must Go Looking in Greater Markets


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