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Crescent Cove Advisors launching special purpose acquisition company to target S-E Asian tech firms
Published Wed, Jan 20, 2021 · 05:50 AM
Singapore
SAN FRANCISCO-based tech investment firm Crescent Cove Advisors, founded by Singaporean Heng Jun Hong, has filed confidentially to launch a special purpose acquisition company (SPAC) targeting South-east Asia's technology sector, sources said.
Crescent Cove is believed to be targeting an initial raise of around US$200 million and is expected to list shares of the SPAC on Nasdaq.
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