🧵 1/5: Vietnamese electric automaker, VinFast, gets SEC approval for its U.S. listing. Plans to go public next month through a blank-check company. #business
🧵 1/5: Vietnamese electric automaker, VinFast, gets SEC approval for its U.S. listing. Plans to go public next month through a blank-check company. #business
🧵 2/5: VinFast aims to merge with Black Spade, a special purpose acquisition company, by August, according to joint declaration.
🧵 3/5: The SEC's approval is a crucial step for Black Spade and VinFast's business combination, says Black Spade CEO, Dennis Tam.
🧵 4/5: Extraordinary shareholder meeting scheduled for Black Spade to seek approval for the proposed merger with VinFast.
🧵 5/5: VinFast's move towards a U.S. listing demonstrates its ambition in the global electric vehicle market.
🧵 Read more at: https://www.investing.com/news/stock-market-news/vinfast-receives-approval-from-sec-for-us-listing-432si-3137880