Has the SPAC spigot run dry for Grab’s public debut?

Has the SPAC spigot run dry for Grab’s public debut?

GrabBajaj in Myanmar

As the number of SPAC IPOs plummets and retail investor appetite wanes over tighter regulatory oversight, a question arises whether Southeast Asia’s tech giant Grab, which plans to go public via a merger with Nasdaq-listed Altimeter Growth Corp, has missed the momentum.

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