Singapore buyout firm Novo Tellus Capital Partners has applied to list a special purpose acquisition company with the city-state’s exchange, according to people with knowledge of the matter.
The technology and industrials-focused firm is planning to raise between S$200 million ($148 million) and S$250 million through an initial public offering of the blank-check company, said the people, who asked not to be identified as the process is private. The IPO could take place as soon as the end of this year, said the people.
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November 01, 2021 at 07:10PM
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Singapore's Novo Tellus Is Said to File for Blank-Check IPO - Bloomberg
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