Abhayanand Singh, Vistas Media Acquisition Company
Abhayanand Singh, Vistas Media Acquisition Company
24 August 2020
Special Purpose Acquisition Company (SPAC) vs IPO: Rising popularity of SPAC
Special Purpose Acquisition Company (SPAC) or also known as ‘blank check companies’ is a company with no commercial operations that is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company. Abhayanand Singh, Co-Founder, Vistas Media Acquisition Company shares how Vistas Media Acquisition Company can take Singapore to the global stage with this SPAC and the advantages of going by the SPAC route as compared to IPO.
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