Temasek-backed SPAC Vertex Tech to merge with streaming platform 17LIVE

Temasek-backed SPAC Vertex Tech to merge with streaming platform 17LIVE

Photo by Jesus Loves Austin on Unsplash.

Singapore’s Vertex Technology Acquisition Corp (VTAC) will buy live streaming platform 17LIVE Inc for up to S$925.1 million ($676 million), the special purpose acquisition company (SPAC) backed by state investor Temasek said on Monday.

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