Bridgetown 2 Holdings in an amended S-1 filing increased its planned IPO by 30 percent to $260 million from the $200 million initially planned earlier this month.
Bridgetown 2 is the second SPAC formed by Thiel Capital and Pacific Century focused on the new economy sector in Southeast Asia. The SPAC in its initial S-1 filing said it would focus on a target with operations or prospective operations in the technology, financial services, or media sectors.
The SPAC plans to list on the Nasdaq under BTNB. Read more.