Industry Newsroom

Grab to List on Nasdaq Through SPAC Merger with Altimeter

Singapore-based super app Grab is set to list on the Nasdaq through a SPAC merger with Altimeter Capital Management in a deal that could value the startup at ~USD39.6b, with an additional ~USD4b PIPE deal in the works. Investors in the PIPE include BlackRock, Counterpoint Global, T. Rowe Price Associates, Mubadala, Nuveen, Temasek and others. Read more