Technology

Singapore’s Grab to delay SPAC merger paving the way for IPO until fourth quarter



Grab Holdings, Southeast Asia’s most valuable tech unicorn, plans to delay the closing of its merger with a US-listed special purpose acquisition company (SPAC) until the fourth quarter of the year.In a US regulatory filing on Wednesday, the Singaporean ride-hailing and food-delivery giant said it was finalising the financial audits of its results for financial years 2018, 2019 and 2020 and was awaiting pre-clearance from the US Securities and Exchange Commission regarding certain accounting…



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.