Singapore’s Grab to delay SPAC merger paving the way for IPO until fourth quarter

Source: Tech – South China Morning PostGrab Holdings, Southeast Asia’s most valuable tech unicorn, plans to delay the closing of its merger with a US-listed special purpose acquisition company (SPAC) until the fourth quarter of the year.In a US regulatory filing on Wednesday, the Singaporean ride-hailing and food-delivery giant said it was finalising the financial audits of its results for financial years 2018, 2019 and 2020 and was awaiting pre-clearance from the US Securities and Exchange Commission regarding certain accounting…Read More

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