As the Singapore stock exchange (SGX) pushes its own brand of special purpose acquisition companies (SPACs), the bourse may be in for a change in profile with regional tech upstarts exploring avenues to raise capital from public markets.
The SGX has not placed a firm number on the SPACs it wants to launch this year, but sources tell DealStreetAsia it could be as many as 10, including the first three that debuted last month sponsored by Vertex Holdings, Tikehau Capital and Novo Tellus.
