Fat Projects Acquisition Corp
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- Fat Projects Acquisition Corp (NASDAQ:FATPU) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company does not have significant operations and focuses on identifying targets predominantly in technology-led sectors including supply chain, transportation, logistics, finance, sustainability/ESG, food, agriculture, e-commerce and big data, primarily in Southeast Asia. Incorporated in 2021, Fat Projects Acquisition Corp maintains its headquarters in Singapore. The company's securities consist of units comprising one Class A ordinary share and one-half of one redeemable warrant, with the units trading under the ticker FATPU. It targets businesses that capitalize on the rapidly growing middle class and evolving consumption and digital needs in the region, operating as a Cayman Islands exempted company. In November 2023, Fat Projects Acquisition Corp terminated its business combination agreement with Avanseus Holdings Pte. Ltd., originally announced in 2022 and valued at approximately $135.7 million pro forma enterprise value, due to a material adverse effect on the target's financial condition and subsequent decision not to extend the initial business combination deadline beyond November 15, 2023. The company proceeded to redeem public shares at approximately $10.96 per share from its trust account holding about $5.4 million and initiated dissolution and liquidation processes, ceasing operations except for wind-down activities. Note that Aura FAT Projects Acquisition Corp (NASDAQ:AFAR), a distinct but related SPAC co-founded by principals of Fat Projects, separately pursued and ultimately terminated a business combination with Allrites Holdings Pte. Ltd. in September 2025 after multiple extensions.
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