Singapore-based SC Health in its latest proxy filing said it has signed a non-binding letter of intent to merge with a company that “has developed a technology targeting consumer healthcare applications.”
The announcement comes ahead of the Jan. 12 shareholder meeting to vote on the SPAC’s request for a merger deadline extension. The proposal would push the deadline from Jan. 16 to April 16.
Since its IPO in July 2019, the SPAC has been seeking a business combination with a target with operations or prospects in the healthcare sector in the Asia Pacific region. Read more.
