Asia Digest: SG's Fat Projects Acquisition raises $100m; K Car mops up $285m in IPO

Asia Digest: SG's Fat Projects Acquisition raises $100m; K Car mops up $285m in IPO

Photo by Pepi Stojanovski on Unsplash

SG-based SPAC firm Fat Projects Acquisition Corp has announced the closing of its $100-million IPO while K Car, a South Korean automotive marketplace fully owned by private equity firm Hahn & Company, has raised $285 million in its IPO. 

SG’s Fat Projects Acquisition raises $100m IPO

Singapore-headquartered investment and venture studio Fat Projects Acquisition Corp has announced the closing of a $100-million IPO by offering 10 million units at $10 per unit, according to an announcement. 

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