SPAC Archives - Pandaily

Mobile Social Company Asia Innovations Group to Go Public in US via SPAC Merger

On September 30, Asia Innovations Group Limited (AIG), a Singapore-based mobile app developer, announced that it had signed a business merger agreement with Magnum Opus Acquisition Limited (NYSE: OPA), a special purpose acquisition company (SPAC).

Ride-Hailing Firm Wanshun to Go Public in US Via SPAC

Wanshun Car-Hailing, a Shenzhen-based ride-hailing service platform, has recently reached a cooperation agreement with an overseas special-purpose acquisition company (SPAC), planning to be listed in the US this year.

Tim Hortons China Edges Closer to US Listing

Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company, will hold a general meeting regarding the merging matter on August 18.

SPAC TechStar Acquisition Corporation Files for Hong Kong Listing

TechStar Acquisition Corporation, a special purpose acquisition company (SPAC) initiated by CNCB Capital, Zero2IPO Group, Zero2IPO Capital, and three individuals, submitted a listing application to the main board of the HKEx on June 24.

Geely-Backed Polestar to List Via Merger With SPAC Gores Guggenheim

Gores Guggenheim, a special purpose acquisition company, and Polestar, a Swedish electric car company, announced Tuesday that they expect to close the merging of their businesses on June 23, subject to the former's stockholder approval.

SPAC Vision Deal Debuts on HKEx

Vision Deal HK Acquisition Corporation, a special purpose acquisition company (SPAC) initiated by David Wei, Founding Partner and Chairman of Vision Knight Capital, DealGlobe and Opus, was officially listed on the Hong Kong Stock Exchange on Friday.

Vision Deal Passes HKEx Hearing, Becoming the Exchange’s Second SPAC

Vision Deal HK Acquisition Corp, a special purpose acquisition company (SPAC), has received approval following a listing hearing a few days ago. Citigroup and Haitong International Capital are serving as co-sponsors.

Retired Property Magnate Wang Shi Files Hong Kong Listing Application for Destone Acquisition

Destone Acquisition, a special purpose acquisition company (SPAC) with backing from Wang Shi, the founder of major Chinese property developer Vanke, on April 8 formally submitted an application for listing on the HKEx.

Pony.ai Said to Suspend US Public Listing Through SPAC

Reports surfaced Thursday that self-driving startup Pony.ai is to suspend plans to go public in the US at a valuation of $12 billion. Pony.ai responded to Sina Technology that it has not yet confirmed the listing plan or schedule.

EV Maker Faraday Future Goes Public on Nasdaq via Merger with PSAC

EV manufacturer Faraday Future has agreed to go public through a merger with the Property Solutions Acquisition Corp (PSAC) with the combined entity valued at $3.4 billion.

Ucommune Officially Withdraws $100 Million US Listing Plan, Instead Targets SPAC Merger

Chinese co-working space provider Ucommune Thursday announced the withdrawal of its initial public offering plan from the New York Stock Exchange where it originally filed in December 2019.

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