Fat Projects Acquisition Corp
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Tristan Lo
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 27 Bukit Manis Road Singapore Singapore 099892
- IPO Date
- Dec 3, 2021
- CIK
- 0001865045
- Website
- fatprojectscorp.com
- Similar Companies
- Business
- Fat Projects Acquisition Corp (NASDAQ: FATP) operates as a blank check company with no significant ongoing business operations and focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar initial business combination with one or more target businesses, primarily targeting technology-led opportunities in supply chain, transportation, logistics, finance, sustainability/ESG, food, agriculture, e-commerce and big data sectors in Southeast Asia; it offers no current products or services beyond its SPAC structure for facilitating such combinations. Incorporated in 2021 and headquartered in Singapore, the company conducts its search for acquisition targets across Southeast Asian markets with prospective operations in consumption and digital needs-related industries. In November 2023, Fat Projects Acquisition Corp terminated its previously announced business combination agreement with Avanseus Holdings Pte. Ltd., originally signed in August 2023 and valued at a pro forma enterprise value of approximately $135.7 million, due to a material adverse effect on Avanseus' financial condition stemming from sustained business and revenue declines; the company did not exercise further deadline extensions beyond November 15, 2023, leading to its decision to dissolve and liquidate, redeem public shares at approximately $10.96 per share from its trust account holding about $5.4 million, cease operations post-winding down, pursue delisting from Nasdaq and deregistration with the SEC, alongside resignations of four non-management directors and its president and chief operating officer.
CORRECTION – Fat Projects Acquisition Corp Announces Temporary Trading Halt to Publicly Held Class A Ordinary Shares
Fat Projects Acquisition Corp Announces Termination of Business Combination Agreement with Avanseus and Subsequent Liquidation
Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to December 15, 2023
Fat Projects Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination to November 15, 2023
Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to November 15, 2023
Fat Projects Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination to October 15, 2023
Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to October 15, 2023
Fat Projects Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination to September 15, 2023
Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to September 15, 2023
Fat Projects Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination to August 15, 2023
Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to August 15, 2023