BTWNU News

Bridgetown Holdings, a blank check company formed by Pacific Century and Thiel Capital targeting "new economy" sectors in Southeast Asia, raised $550 million by offering 55 million units at $10. The company originally planned to offer 50 million units before increasing the unit offering on Wednesday. Each unit consists of one share of common stock and one-third of a warrant,...read more

Bridgetown Holdings, a blank check company formed by Pacific Century and Thiel Capital targeting "new economy" sectors in Southeast Asia, raised the proposed deal size for its upcoming IPO on Wednesday. The Hong Kong, China-based company now plans to raise $550 million by offering 55 million units at $10. The company had previously filed to offer 50 million units at the same...read more

September activity remained high as 11 IPOs and eight SPACs went public this past week. The IPO market shows no signs of slowing with eight IPOs and 18 SPACS submitting initial filings. Prescription drug price comparison platform GoodRx (GDRX) priced well above the range to raise $1.1 billion at a $14.2 billion market cap. The company provides one of the...read more

Bridgetown Holdings, a blank check company formed by Pacific Century and Thiel Capital targeting "new economy" sectors in Southeast Asia, filed on Wednesday with the SEC to raise up to $500 million in an initial public offering. The Hong Kong-based company plans to raise $500 million by offering 50 million units at $10. Each unit consists of one share of common stock and...read more