Hong Kong-based Bridgetown Holdings Limited announced that it closed the issuance of an additional 4,499,351 units under the underwriters’ option to purchase additional units in connection with its IPO, resulting in gross proceeds of $44,993,510 and bringing the total proceeds of the IPO to $594,993,510.
Bridgetown intends to focus on a target with operations or prospective operations in the technology, financial services, or media sectors in Southeast Asia. The company is led by CEO and CFO Daniel Wong, and Chairman, Matt Danzeisen. Read more.