Billionaires Peter Thiel and Richard Li have once again teamed up to launch a second blank cheque company that is now seeking to raise $200 million in an initial public offering (IPO) in the US.
Bridgetown 2 Holdings, the special purpose acquisition company (SPAC) formed by Thiel’s Thiel Capital and Li’s Pacific Century, targets new economy technology, financial services, and media companies in Southeast Asia.