Asia-focused SPAC Aura FAT Projects raises $115m in US IPO

Asia-focused SPAC Aura FAT Projects raises $115m in US IPO

Photographer: Victor J. Blue/Bloomberg

Aura FAT Projects Acquisition Corp, a special purpose acquisition company (SPAC) co-sponsored by Singapore-headquartered fund managers Aura Group and Fat Projects, announced that it has raised $115 million in its initial public offering (IPO) in the US.