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.
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