China-focused SPAC Angel Pond raises $250m in downsized US IPO

China-focused SPAC Angel Pond raises $250m in downsized US IPO

Shanghai, China. Source: Ralf Leineweber/Unsplash

Angel Pond Holdings, a special purpose acquisition company (SPAC) that focuses on tech-enabled sectors in Greater China, announced raising $250 million in its initial public offering (IPO) in the US.

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