SINGAPORE, Reuters, a source familiar with the matter said on Friday.
Vertex Technology Acquisition Corp (VTAC), a SPAC focused on cybersecurity, fintech and other industries, said Thursday it aims to raise at least S $ 170 million ($ 125 million) by selling units to 5 Singaporean dollars each.
The source declined to be identified as he was not authorized to speak to the media.
There was no immediate response to a query sent to Vertex Venture Holdings.
($ 1 = 1.3599 Singapore dollars)
(Reporting by Anshuman Daga; Editing by Christian Schmollinger)
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