Singapore's Vickers Venture Partners plans up to four more SPACs
Singapore
VENTURE capital (VC) firm Vickers Venture Partners could launch as many as four more blank-cheque companies to ride on investor appetite for high-growth tech companies.
Vickers Vantage Corp I, the firm's first special purpose acquisition company (SPAC), raised US$138 million in an initial public offering (IPO) on Nasdaq in January. It was sponsored by Vickers' sixth fund, which has a targeted closing of US$500 million.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.