SG's Aura Group to explore US and SGX SPACs with Fat Projects

SG's Aura Group to explore US and SGX SPACs with Fat Projects

Singapore. Photo: Unsplash

Singapore-headquartered fund manager Aura Group on Tuesday said it is looking to co-sponsor two Special Purpose Acquisition Companies (SPACs) with investment firm Fat Projects in the US and Singapore.

Fat Projects is a Singapore-based firm founded by Asian entrepreneurs David Andrada and Tristan Lo. The firm listed a $100 million SPAC on Nasdaq last week targeting technology businesses in Asia.

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