Hong Kong Tycoon Richard Li Considers Third Bridgetown SPAC

Richard Li

Hong Kong billionaire Richard Li is considering setting up a third SPAC in the U.S., according to people with knowledge of the matter, Bloomberg reports.

Li and tech mogul Peter Thiel have raised about $900 million via two U.S.-listed SPACs under the Bridgetown brand. Thiel will not be involved in the third deal, the sources reportedly told Bloomberg. Read more.

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