As SPACs flood the market, target companies are next point of focus

As SPACs flood the market, target companies are next point of focus

Clockwise from left: Ravi Thakran, Chairman and CEO, Aspirational Consumer Lifestyle Corp; Kristie Neo, DealStreetAsia moderator; Helen Wong, Qiming Venture Partners; Jun Hong Heng, Crescent Cove Advisors

As special purpose acquisition companies or SPACs gain popularity as an alternative to IPOs in the US markets, their sponsors get busy carving out their next phase of growth.

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