Shares & Derivatives
GRAB listing on NYSE – LARGEST SPAC Merger to date [As backed by Softbank, Microsoft, Temasek & more]
By Dr Wealth  •  April 14, 2021
A household name for most, we remember times when free Grabcar promocodes were an everyday affair. Since then, Grab’s growth trajectory has been exponential and it comes at no surprise that listing on a stock exchange was next on their agenda. In fact, Grab has just confirmed its merger with Altimeter Capital on 13th April 2021, and this happened overnight: Below, I’ll briefly touch on the business model of Grab and the pathway that they have taken to go public. Then jump into the challenges/opportunities which Grab will face down the road, and provide a qualitative analysis of the company. Lets gear up and head right in! TLDR – The Merger in a nutshell Most of us would be familiar with what an Initial Public Offering (IPO) is however not many would be familiar with a SPAC. With its rising popularity, readers should familiarize themselves with the basics of a SPAC....
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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