Crescent Cove Acquisition in an amended filing with the SEC bumped up its planned IPO by 25 percent to $250 million with plans to offer 5 million more units at $10 each. The SPAC’s filing last week anticiapted a $200 million raise.
The San Francisco-based SPAC said it will target high-growth technology and tech-enabled businesses in Southeast Asia in the consumer internet, ecommerce, and software industries.
Cresecent Cove expects to list on the Nasdaq under COVA. Read more.
