Pegasus Asia spac public tranche 7.8 times subscribed

Khairani Afifi Noordin
Khairani Afifi Noordin1/20/2022 8:30 PM GMT+08  • 2 min read
Pegasus Asia spac public tranche 7.8 times subscribed
Trading will commence at 9am on January 21 on the Mainboard of the Singapore Exchange.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Pegasus Asia, the spac of sponsor group Tikehau Capital, Financière Agache, Diego De Giorgi and Jean-Pierre Mustier has seen its public offer of 600,000 units 7.8 times subscribed as balloting closed on Jan 19.

In a filing, the spac said its international offering of 25 million placement units was "oversubscribed", without quantifying the level of demand.

In contrast, the public tranche of Vertex Technology Acquisition Corp, the spac launched on the same day as Pegasus Asia, was 36 times subscribed, while its placement tranche was 8.8 times subscribed.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.