SPAC Digest: Chenghe Acquisition II raises $75m in IPO, Rising Dragon eyes $50m

SPAC Digest: Chenghe Acquisition II raises $75m in IPO, Rising Dragon eyes $50m

Photo by Sophie Backes on Unsplash

Asia-focused blank cheque company Chenghe Acquisition II has raised $75 million in its US IPO, while China’s Rising Dragon Acquisition has filed to raise $50 million in its IPO.

Edited by: Pramod Mathew