Singapore-based private equity firm Novo Tellus Capital Partners, which received the green light to list its Special Purpose Acquisition Company (SPAC) on the Singapore Exchange (SGX) in December, lodged the prospectus for the IPO on Thursday.

Novo Tellus has several SGX-listed investments from its portfolio including ISDN Holdings, Grand Venture Technology, Procurri, and AEM, which have achieved 312% equity growth from 2011 to 2021. Novo Tellus is the third firm, following Vertex Holdings and Tikehau Capital, to have submitted its interest to launch a SPAC on the SGX.

Novo Tellus Files Prospectus To Raise $111M From Spac Listing On Singapore Exchange

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Novo Tellus Files Prospectus To Raise $111M From Spac Listing On Singapore Exchange

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