Capital A International heads for US listing via SPAC

Capital A chief executive officer Tan Sri Tony Fernandes

KUALA LUMPUR: Capital A Bhd has finalised an agreement with Aetherium Acquisition Corp, a special purpose acquisition company (SPAC), to list Capital A International (CAPI) in the United States (US) public markets.

In a statement today, the company said under the terms of the proposed transaction, CAPI will combine with Aetherium and become a publicly traded entity. The transaction will reflect an estimated pro forma enterprise value of US$1.15 billion for CAPI.