Personal views on stock investment, money management, life philosophy
Pegasus Asia is a special purpose acquisition company incorporated for the purpose of entering into a business combination in the form of a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination with one or more businesses.
SPACs stands for Special Purpose Acquisition Companies. These are often called “blank cheque” companies because they have no commercial operations and are formed strictly to raise capital through initial purpose offering (IPO). The SPAC will …
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