Pegasus Asia’s Singapore SPAC public offer subscribed 7.8 times

The SGX listed SPAC raised $23.4m from the offering.

Singapore Exchange (SGX)-listed special-purpose acquisition company (SPAC), Pegasus Asia, raised $23.4m from its public offering of 600,000 units.

It was subscribed 7.8 times.

At the close of its offer on the noon of 19 January, Pegasus Aisa received 1,108 valid applications.

“In total, these applicants applied for an aggregate of 4,684,700 Offering Units,” Pegasus Aisa said in a bourse filing.

Pegasus Asia will commence trading on a “ready” basis on the Mainboard of the SGX-ST on Friday, 21 January 2022, at 9 am.

Follow the link for more news on

Pegasus Asia

Initial public offering

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia