Altimeter Growth shareholders voted overwhelmingly in favor of the business combination with Grab, Southeast Asia’s superapp that offers mobility, deliveries, financial services and more.
Shareholder redemptions of 0.02% were esssentially nonexistent.
As announced in April, the combination represented the largest SPAC deal in the history of blank-check companies, with a valuation of nearly $40 billion.
The transaction is expected to close today. Grab’s stock is expected to begin trading on the Nasdaq tomorrow under the ticker symbol GRAB. Read more.
