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Novo Tellus lodges preliminary prospectus for S$150m SPAC listing
This makes the buyout firm, Novo Tellus Capital Partners, the third entity to file to list a SPAC, which it is calling Novo Tellus Alpha Acquisition, on the SGX.
Its offer of 30 million units at a price of S$5 apiece includes 10 million offering units through a S$50 million initial public offering (IPO) of 9.5 million placement units and 500,000 public offer units.
