A special purpose acquisition company backed by Southeast Asian industrial technology buyout fund Novo Tellus Capital Partners will open the books for its S$150 million ($111.4 million) IPO on Friday, two sources familiar with the matter said, Reuters reports. Novo Tellus since at least July 2021 had been expected to make a move by listing a new blank-check vehicle on the exchange. Read more.
Singapore Buyout Fund Novo Tellus’ SPAC Files for $111M Local IPO
