Pegasus Asia debuts at 0.2% above IPO price for Singapore's second Spac


Source: redhot.sg redhot.sg

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First phase 2,000 NFT lands sold out! Join us for Phase 2 Visit us at DragonPavilion.com SINGAPORE ( THE BUSINESS TIMES ) - Pegasus Asia began its trading debut at $5.01 on the mainboard of the Singapore Exchange (SGX) on Friday (Jan 21), up one cent or 0.2 per cent above its initial public offering (IPO) price of $5. The special purpose acquisition company (Spac) saw some 143,900 units changing hands as at 9.14 am. Based on the trading price of $5.01 at the time, Pegasus's market capitalisation would be $170.3 million. Pegasus is the second Spac to be listed...