Bridgetown Holdings Limited in a preliminary proxy asks shareholders for a 12-month merger deadline extension until Oct. 20, 2023.
The SPAC raised $500 million in an IPO nearly two years ago, with the stated goal of targeting the technology, financial services, or media sectors in Southeast Asia. The sponsor is a collaboration between Richard Li’s Pacific Century and Thiel Capital.
A merger agreement with Jakarta-based Traveloka collapsed in June. Read more.
