SPAC - Asia Tech Wire

SPAC

2022.01.14

10:43

Ant-backed online lender Akulaku eyes US IPO in $2 billion SPAC deal

Asian Tech Press (Jan 14) -- Indonesian online lender Akulaku Inc., backed by Jack Ma's Ant Group, Alibaba's financial affiliate, is reportedly mulling plans to be listed in the U.S. throug a merger with a SPAC.

2021.10.13

11:25

Hong Kong tycoon Richard Li's Hyphen Group in talks on $1 billion SPAC Deal

Asian Tech Press (Oct 13) -- Hong Kong billionaire Richard Li's Hyphen Group is reportedly in advanced talks to go public through a merger with a Nasdaq-listed SPAC.

2021.09.27

08:20

Volvo's EV maker Polestar to go public via SPAC listing

Asian Tech Press (SEP 27) -- Swedish electric car maker Polestar will soon go public through a merger with blank-cheque company Gores Guggenheim, valuing the company at about US$20 billion. According to people familiar with the matter.

2021.09.14

10:04

Taiwan-based Gogoro eyes US IPO in $1 billion SPAC deal

Asian Tech Press (Sep 14) -- Gogoro, a Taiwan-based electric motorcycle start-up, is in talks with Poema Global Holdings Corp (PPGHU:NASDAQ), a blank check company, aiming to be listed in the U.S. throug a merger with a SPAC, Bloomberg reported Tuesday.

2021.09.03

08:25

Chinese EV startup Iconiq mulls US IPO in $4 billion SPAC deal

(Bloomberg, Sep 3) -- Iconiq Motors, a Chinese electric vehicle firm, is considering going public in the U.S. through a merger with a blank-check company, according to people familiar with the matter.

2021.08.13

03:02

Vietnam tech firm VNG eyes US IPO in $3 bln SPAC deal

(Bloomberg) -- Vietnam’s VNG Corp., whose investors include a unit of Singaporean sovereign wealth fund GIC Pte, is considering going public in the U.S. through a reverse merger with a blank-check company, according to people familiar with the matter.

2021.06.22

04:00

Quanergy nearing a China-backed SPAC deal to go public

Quanergy Systems Inc, a supplier of self-driving car technology, is nearing a deal to go public through a merger with Chinese blank-check acquisition firm CITIC Capital Acquisition Corp. (CCAC), people familiar with the matter said on Monday.

2021.06.17

13:00

Volvo-Geely Polestar Brand exploring $10 billion IPO

(Asian Tech Press) Polestar, the premium EV brand built by Zhejiang Geely Holding Group Co., Ltd. and Volvo Cars, is actively exploring an IPO with a $10 billion valuation to address the increasingly competitive electric car market.

2021.04.27

11:20

Vanke founder plans to launch SPAC, aiming at investing in China's sports and health industry

Wang Shi, the founder of Vanke Co., Ltd, is planning to launch his own special purpose acquisition company (SPAC) to list in the US in the future.

2021.03.09

04:46

SPAC Angel Pond Holdings co-founded by Alibaba co-founder files for $300mn IPO in U.S.

SEC’s website shows that SPAC Angel Pond Holdings files for U.S. IPO on this Monday with the SEC to raise up $300 million by offering 30 million units at $10. The joint bookrunners for this IPO are Goldman Sachs and JPMorgan Chase.

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