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BTWNW

Closed

Bridgetown Holdings Ltd

0.1901
-0.0299 (-13.59%)
Last Update: 12 Oct 2023 22:59:00
Yesterday: 0.22
Day's Range: 0.174 - 0.2279
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When Written:
 
0.1525
Bridgetown Holdings Ltd is a special purpose acquisition company (SPAC) that was formed in 2020 by billionaire Richard Li and Silicon Valley investor Peter Thiel. The company raised $550 million in its initial public offering (IPO) and is listed on the NASDAQ under the ticker symbol "BTWN".

The company's goal is to acquire a high-growth technology business in the Asia-Pacific region, particularly in Southeast Asia. Bridgetown Holdings has stated that it is looking for companies with a strong market position, innovative technology, and a proven track record of growth.

Bridgetown Holdings is led by CEO Daniel Wong, who previously worked at Goldman Sachs and Blackstone. The company's board of directors includes Peter Thiel, Richard Li, and a number of other experienced business leaders.

As a SPAC, Bridgetown Holdings does not have any operations or revenue of its own. Instead, it raises money from investors with the aim of using that capital to acquire a private company and take it public.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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