Asia’s Spac hopefuls have nowhere to turn as IPO market dries up

May 18, 2022 12:12 PM

DUBAI (BLOOMBERG) – Asian sponsors of blank-cheque firms are facing a tough market for initial public offerings (IPOs) wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand shutters the window for new listings from the US to Asia.

Source : https://www.straitstimes.com/business/companies-markets/asias-spac-hopefuls-have-nowhere-to-turn-as-ipo-market-dries-up