News
Grab promises investors it will be profitable by end-2024
Grab has been on a downward spiral since its SPAC merger in December, but CEO Anthony Tan told investors the firm aims to break even by the second half of 2024. Read more…
SPACs
Views
India’s stumbling unicorns a sign of things to come for SPACs
India’s unicorns are scrambling to conserve cash, sending a clear sign of what is to come next in the ongoing SPAC crash. Read more…
News
Carousell and L Catterton halt SPAC merger talks amid shaky market
Carousell has cut off SPAC merger discussions with American private equity company L Catterton due to current market volatility. Read more…
Views
The market is losing confidence in narrative-driven tech stocks
For narrative-driven stocks that flew to the moon on borrowed wings, even a small miss on revenues can unravel the confidence of the market. Read more…
News
After IPO drought, VTAC and Pegasus Asia lead Singapore’s first SPAC listings
The first blank-check listings are set to kick off in Singapore, as SPACs VTAC and Pegasus Asia launch their IPOs. Read more…
News
VTAC and Pegasus Asia lead Singapore’s first-ever SPAC listings
First blank-check SPAC listings kick off in Singapore, as Temasek Holdings and Tikehau Capital SCA-backed SPACs launch their IPOs. Read more…