Asian Spac D8 Holdings nabs $300m from US IPO

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By Jonathan Breen
15 Jul 2020

D8 Holdings, a special purpose acquisition company (Spac), has raised $300m after increasing the size of its US listing.

The Spac, a so-called blank check company, is listing 30m units on the New York Stock Exchange at $10 apiece. It will use the money to acquire companies in Asia, with a primary focus on the consumer sector. D8 increased the float from an initial 25m units, also ...

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