Bridgetown Holdings in a regulatory filing included an investor presentation highlighting its proposed merger with fintech MoneyHero.
The SPAC announced the merger agreement with MoneyHero in May at a pre-money enterprise value of $200 million and an equity value of approximately $198 million. The combined company will have a post-transaction enterprise value of $342 million, which assumes no redemptions.
All MoneyHero existing shareholders, including PCCW, FWD, and Goldman Sachs will roll 100% of their equity into the combined company.
Bridgetown is backed by Richard Li and Peter Thiel.
Founded in 2014 and dual-headquartered in Singapore and Hong Kong, MoneyHero Group, formerly known as Hyphen Group or CompareAsia Group, is a personal finance aggregation and comparison company operating in Singapore, Hong Kong, Taiwan, the Philippines and Malaysia. Read more.
