Fat Projects Acquisition Corp
FATPW
NASDAQ Global Market0.01
USD
- -
- -
CIK
0001865045
CUSIP
G3400W110
Return %
Stock
S&P500
1Y
- -
18.21
3Y
-95.02
64.38
5Y
-97.32
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Tristan Lo
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 27 Bukit Manis Road Singapore Singapore 099892
- CIK
- 0001865045
- Similar Companies
- Business
- Fat Projects Acquisition Corp is a special purpose acquisition company (SPAC) formed to effect mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations primarily targeting technology-led companies in sectors such as supply chain, transportation, logistics, finance, sustainability, ESG, food, agriculture, e-commerce, and big data in Southeast Asia. The company conducts its operations mainly from its headquarters in the Cayman Islands since its founding in 2021. Its primary activities include identifying, acquiring, and partnering with businesses that offer growth opportunities through organic and inorganic expansion strategies. The company does not have significant standalone operations or products but acts as a vehicle for business combinations and investments. Recently, Fat Projects Acquisition Corp terminated its business combination agreement with Avanseus Holdings Pte. Ltd. in November 2023 due to the adverse financial and operational performance of Avanseus, leading to the decision to dissolve and liquidate the company in accordance with its charter. This termination included the resignation of several senior executives and a plan to redeem public shares and wind down operations by early 2024. Prior to this, the company had extended deadlines multiple times to complete a business combination but ultimately did not secure the necessary conditions to do so. Throughout its existence, Fat Projects Acquisition Corp has focused on technology-led growth sectors aiming to facilitate synergistic mergers and acquisitions, leveraging strategic partnerships and financial tools to expand market presence and create integrated value chains within targeted industries and geographies.