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Kredivo VPCB merger is not proceeding, VPC leading $US145M private investment instead

  1. 2,847 Posts.
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    Hi All

    Here is the article announced 14/03:
    https://www.law360.com/articles/1473547/fintech-s-2-5b-deal-latest-de-spac-axed-over-foggy-market

    The full article is behind a security wall.

    Here is article without a paywall:
    https://www.dealstreetasia.com/stories/finaccel-scraps-spac-merger-284835/

    Outlines VPC lead in private investment.

    Also provides VPC with a 3.5% warrant option to the private investment in the event VPCB returns funds.

    Downside, no performance fee generated in 2022 accounts.

    Best of Luck
    Lost
 
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