In today’s briefing:
- Avanseus: A Singapore-Based Startup and Provider of AI-Based Predictive Maintenance Software
Avanseus: A Singapore-Based Startup and Provider of AI-Based Predictive Maintenance Software
- Avanseus Holdings plans to go public in partnership with Fat Projects Acquisition Corp (FATP US) The combined company is expected to trade on the Nasdaq under a new ticker symbol.
- Fat Projects Acquisition Corp. values the combined companies at a pro forma EV of $135.7M. SPAC is focused on tech-led businesses in Southeast Asia and closed its IPO in 2021.
- Avanseus Holdings needs to access the capital markets to raise money and expand into new countries and industries, invest in R&D and launch new products.
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