Serendipity Capital Acquisition Withdraws $250M IPO

Serendipity Capital Acquisition has abandoned its planned offering of 25 million units at $10 each.

The SPAC, which initially registered the offering with the SEC in May 2021, had planned to target financial services and technology companies that operate in the Asia Pacific region. 

Serendipity Capital is led by Chairman Stephen Roder, who retired as Manulife Group CFO in 2018. 

 The SPAC was intending to list on the NYSE. Read more

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