FlowBank

1150 days ago • Posted by Martin Boujol

Asia will be the next region for SPACs to boom

The SPAC frenzy that took the US last year is now spreading to Asia. SPAC Poema Global Holding LLC is one of them, formed by an ex Deutsche Bank employee. Asia is the next big treasure trove for SPAC candidates,” said Torres, "funds that have expertise in both companies operating in Asia and how U.S. capital markets work hold significant advantage.”

Source: Bloomberg

Asia will be the next region for SPACs to boom
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