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UAE’s 1st SPAC ADC Acquisition Corporation starts trading on ADX

UAE’s first special purpose acquisition company (SPAC), ADC Acquisition Corporation (ADC) has started trading on the Abu Dhabi Securities Exchange (ADX). The SPAC was established...

ADQ and Chimera Investments unite to launch UAE’s 1st SPAC on...

ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, a leading private investment firm, have established ADC Acquisition Corporation (ADC), the UAE’s...

UAE’s SHUAA Capital introduces $100mn SPAC on NASDAQ

Dubai-based SHUAA Capital has successfully completed an initial public offering (IPO) of 10,000,000 units of its newly incorporated blank check company SHUAA Partners Acquisition...

Biggest SPAC merger till date; Singapore’s Grab announces deal worth $40bn

Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, announced that it is set to go public through a SPAC merger with US-based special...

UAE’s Arrow Capital co-sponsors $240mn tech-centric SPAC listing

UAE-based regulated financial and investment advisory company Arrow Capital has confirmed the closing of the initial public offering (IPO) of a $240 million technology...

India’s Flipkart considers quicker US IPO with SPAC

According to sources, Walmart-owned Indian eCommerce company Flipkart is looking to go public in the US through a merger with a blank-check company as...

Saudi PIF-backed Lucid in talks to go public via Klein’s SPAC

Saudi Arabia’s Public Investment Fund (PIF) backed American automotive company Lucid Motors is reportedly approaching an agreement to go public via a merger with...
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