Magnum Opus Spac readies $200m IPO

By Jonathan Breen
02 Mar 2021

Blank cheque firm Magnum Opus Acquisition has set in motion a $200m New York Stock Exchange IPO, filing paperwork with the US regulator on Monday.

The issuer, a special purpose acquisition company (Spac), was formed by L2 Capital, a Hong Kong and Shanghai based investment firm that targets Greater China consumer and telecommunication, media and technology firms.

Magnum Opus plans to acquire a company in the global consumer, technology or media sectors and ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial