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COMMENTARY: SPACs entry opens exciting chapter for Singapore market, but do your homework before investing
Between IPO and de-SPAC - the point at which the SPAC acquires a business - IPO investors have some protection. But greater caution is needed after the SPAC merges with a business.
In particular, investors should pay attention to the valuation of the target companies and any potential dilution at the point of de-SPAC or further down the road.
