ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTINGInternational Financial Services Centres Authority (Listing) Regulations, 2024
ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTINGInternational Financial Services Centres Authority (Listing) Regulations, 2024
SPAC IPO eligibility requires an unidentified target, compliant redemption and liquidation terms, and a sponsor with disclosed relevant experience. Special purpose acquisition companies may undertake an initial public offering of specified securities only where no target business combination has been ... Summary
SPAC IPO eligibility requires an unidentified target, compliant redemption and liquidation terms, and a sponsor with disclosed relevant experience.
Special purpose acquisition companies may undertake an initial public offering of specified securities only where no target business combination has been identified, compliant redemption and liquidation arrangements exist, and the sponsor's relevant track record is disclosed. Sponsor includes persons sponsoring the SPAC's formation and persons holding specified securities before the offering. Listing is unavailable if the issuer or any sponsor is debarred from the capital market, is a wilful defaulter, or is a fugitive economic offender.
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