SINGAPORE -- A Singaporean special-purpose acquisition company backed by Vertex Holdings, the venture capital arm of state-investor Temasek Holdings, plans to merge with a livestreaming platform in what would be the city-state's first SPAC to acquire a target.
Business deals
Streaming app 17Live set to be Singapore's 1st SPAC merger
Vertex-backed shell company to acquire Taiwan-founded tech startup
The merger of Vertex Technology Acquisition Corp. and 17Live is expected by next January. (Nikkei montage/Source photo by Tsubasa Suruga and screenshot from 17 Live's website)
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