Singapore SPAC Vertex Technology Set for Local Listing on Jan 21 – Source | Technology News

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)

Copyright 2022 Thomson Reuters.

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