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0 0 0 0 0.0144578313253011 -0.00240963855421703 -0.00240963855421703 0.0168674698795179
Stock impact report

SPAC Copley Acquisition eyes US$150 million NYSE IPO, seeks targets in tech, lifestyle sectors [Yahoo! Finance]

VinFast Auto Ltd. (VFS) 
Company Research Source: Yahoo! Finance
Partners and Hermitage Capital, plans to raise US$150 million on the New York Stock Exchange (NYSE). The SPAC priced its initial public offering (IPO) of 15 million units at US$10 each, according to its filing to the US Securities and Exchange Commission on Friday. The listing of the SPAC could be in February 2025, subject to regulatory approval. The proceeds will be used to combine with merger targets in the technology and lifestyle sectors in North America and Asia-Pacific, excluding China. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. "We are eyeing opportunities supported by the equity market pickup, especially when the new [US] administration takes office next year," Francis Ng, co-CEO of Copley, said on Monday. "The listed SPAC should be able to benefit from the market momen Show less Read more
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