Novo Tellus Alpha Acquisition ("NTAA") is offering 10m Units for a SPAC IPO, comprising 9.5m Placement Units and 0.5m Public Offer. The offer will close on 25 Jan at 12 noon and be listed on 27 Jan 2022 at 9am. This will be the 3rd SPAC listing after VTAC (by Vertex) and Pegasus Asia.
Investment Summary and Key Terms
Similar to VTAC, NTAA made full use of the gatefolds to explain its value proposition to investors. Unlike the first two SPACs, the Sponsor is actually a PE Fund - Novo Tellus PE Fund 2 L.P. and under this construct, the NTAA will be one of the Sponsor's portfolio company, thereby eliminating any potential conflict of interest between the Sponsor and NTAA.The key terms are summarised for your information below. Reputable Sponsor with a proven track record
Novo Tellus is a leading manager with a proprietary deal flows and a...
