Vertex, Pegasus SPACs begin trading separately as shares and warrants
VTAC shares closed at S$4.95 on Wednesday; no trades were recorded for Pegasus Asia
Singapore
THE units of Singapore's first 2 special-purpose acquisition companies (SPACs) have begun trading separately as shares and warrants on the Singapore Exchange (SGX).
Vertex Technology Acquisition Corp (VTAC) and Pegasus Asia went public on the Singapore Exchange on Jan 20 and 21 respectively. Their units had traded until last Friday (Mar 4), before the detachment date on Mar 7.
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