Singapore Exchange Consults on Proposed Listing Framework for SPACs

Latham & Watkins LLP

The proposal covers broad admission criteria; conditions for founding shareholders, the management team, and controlling shareholders; and business combination requirements.

On 31 March, the Singapore Exchange (SGX) published a consultation paper proposing a primary listing framework for special purpose acquisition companies (SPACs) to list on the Mainboard of the Singapore Exchange Securities Trading Limited (Mainboard) (SPAC Framework).

Please see full Alert below for more information.

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