Gaw Capital-backed SPAC Gateway Strategic Acquisition is the latest to scrap NYSE IPO

Gaw Capital-backed SPAC Gateway Strategic Acquisition is the latest to scrap NYSE IPO

Pedestrians walk past the New York Stock Exchange (NYSE) in New York, U.S. Photographer: Michael Nagle/Bloomberg

Gateway Strategic Acquisition, a blank cheque company formed by private equity (PE) firm Gaw Capital Partners, has shelved its plans of raising $200 million in an initial public offering (IPO) on the New York Stock Exchange (NYSE).

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