Novo Tellus' $111m SGX SPAC to seek targets with free cash flow
The SPAC will seek targets sized between S$500 million ($372 million) and S$1 billion ($744 million) in the Indo-Pacific region.
Source: dealstreetasia.com
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Novo Tellus lodges preliminary prospectus for $150m Spac listing on SGX; Vertex launches Spac IPO
Novo Tellus is offering 10 million units, each comprising one share and half a warrant, at $5 per unit. . Read more at straitstimes.com.
Source: straitstimes.com
Novo Tellus files prospectus to raise $111m from SPAC listing on Singapore Exchange
The SPAC has already secured S$80m from 13 investors who will subscribe for 16 million cornerstone shares at an offering price of S$5 apiece.
Source: dealstreetasia.com