Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: VinaCapital weighs Singapore SPAC IPO and Grab slumps more than 20%
Vietnam’s VinaCapital Weighing Singapore SPAC IPO Next Year
VinaCapital, a Vietnamese asset manager, is exploring setting up a blank-check company to list in Singapore next year.
The investment firm is working with an adviser on a potential IPO that could raise as much as S$250 million ($183 million). The company has held discussions with the regulator on the prospective offering.
READSoutheast Asia’s Grab Slumps in U.S. Debut After Record SPAC Deal
Shares in Grab (NASDAQ:GRAB), Southeast Asia’s biggest ride-hailing and delivery firm, slid more than 20% in their Nasdaq debut on Thursday following the company’s record $40 billion merger with a blank-check company.
Grab’s shares rose as much as 21% minutes after the listing before retreating to trade 23% lower at $8.51. The stock closed at $8.75 yesterday.
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A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...