SPAC trend poised to take hold in Asia as unicorns weigh new exit routes

SPAC trend poised to take hold in Asia as unicorns weigh new exit routes

Photo by ?? Claudio Schwarz | @purzlbaum on Unsplash

A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public.

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