Katapult signed a deal just today that will have it merging with FinServ to join the public market, which is good news for major shareholder Curo Group (NYSE: CURO). SPAC: Northern Star Acquisition (NYSE: STIC)Д«arkBox, a subscription service offering treats and toys for dog owners, is going public next year via a SPAC merger with Northern Star Acquisition. Investors can learn more about that by checking gout this brief. SPAC: Experience Investment (NASDAQ: EXPC)Д®lectric Vertical Take-Off and Landing (eVTOL) transportation company Blade announced plans to go public with Experience Investment help.

You can follow this link for more details. The plans here will have Indie Semiconductor joining the Nasdaq Exchange under the INDI stock ticker. Interested investors can learn more at this link. Shares of BTWN stock got a boost this week on news of a SPAC merger with Tokopedia. InvestorPlace - Stock Market News, Stock Advice & Trading Tips No. This is my first SPAC play! We will see how this ages.LetвЂ™s take deeper dive into the latest SPAC merger news from InvestorPlace this week. I was in on BTWN at the 11.05$ point and I also purchased a few thousand warrants (now I only hold warrants). I think the no news run ups are insane, but i'll take it.

Tokopedia seems to have more of a hold on the electronics market while shoppee has fashion.

People have generally positive sentiment towards Tokopedia in Indonesia.

Softbank, AliBaba, Google, Temasek are all investors.

Ovo is used by Grab - it competes with GoPay.

Not many indonesians have bank accounts, e-wallets have a lot of growith.

Tokopedia is a part owner of OVO (40%ish) (e-wallet) - i'm expecting OVO comes as part of the package.

The indonesian market is gigantic and has a lot of growth potential.

They've talked in the past about focusing on Indonesia Market.

The founders of Tokopedia are minority owners (I think under 15% together).

Some Interesting points about Tokopedia (sorry I don't have references, its from memory on my research): Also the recent direct listings were somewhat punished by going Direct instead of IPO (Slack, Spotify, even PLTR was at 9$ for a long time before triplng).

(EDIT:) While the direct listing option was approved recently, an indonesian company might have more trouble getting traction.

The carmaker said it expects 50 of sales to be fully electric cars by the middle of the decade and that 50 of sales will be made online rather. It is also aiming for annual sales of 1.2 million cars, up 56 from the 770,000 it sold in the 12 months to June 20 this year. The key is that the original 1B is a catalyst or price setter for the rest of the company. Volvo said is targeting an operating margin of between 8 and 10 by 2025. The existing shareholders are going to be sell shares in the future and collect on all the hype that 1B in SPAC shares.

This SPAC will be less than a billion dollars with PIPE and everything else.

(EDIT:) Tokopedia was valued at 7B a few years ago, it is maybe 10B now.

It looks they are currently losing market share to shoppee

Tokopedia needs access to capital markets to compete with Shoppee.

Tokopedia is the clear #1 or #2 in Indonesia.

As far as I am concerned this literally translates to going via SPAC. In various releases the key point they make is that they want to ACCELERATE going public.Why Tokopedia is interesting as a target and why they are interested: In the prospectus it mentions getting 3rd parties to examine. People got scared off by the Morgan Stanley and citi getting involved but I believe this was necessary to prevent a conflict of interest.(EDIT) I believe the responses of Tokopedia to the original rumor was to show that this isn't a done deal because if it was already a done deal it might have some sort of legal implications.( EDIT) I read the entire prospectus as a lay person and one thing is clear is that it seems a SPAC can't have any actual target in advance (legal reasons I guess).The prospectus mentions Indonesia (as a target market but not exclusively) and Tokopedia (as one of the holdings of Richard Li) specifically.The CEO of BTWN is on the board of commissionners of Tokopedia (Daniel Wong).The prospectus refers to Google and Temasek (the latest recent investors in Tokopedia).Richard Li is a Minority Shareholder in Tokopedia.A very specific target in the prospectus.I think the merge with Tokopedia was in the plans as soon as the SPAC was created and I will tell you why

Tokopedia merger spac