SPAC · Merger completed
Black Spade Acquisition Co
Business combination with VinFast Auto Ltd.
Black Spade Acquisition Co is a blank-check company (SPAC) that raised $150M in its initial public offering on Jul 16, 2021, listing on New York Stock Exchange. It completed its business combination with VinFast Auto Ltd. on Aug 14, 2023; the combined company is VinFast Auto Ltd. (VFS). Citigroup led the IPO, with Loop Capital. Davis Polk advised the SPAC and A&O Shearman advised the underwriters on the IPO.
VinFast Auto Ltd. is a Vietnamese automotive manufacturer and a member of Vingroup. It makes and exports electric SUVs, e-scooters and e-buses, selling across Vietnam and the United States, with Europe planned.
- Status
- Merger completed
- IPO date
- Jul 16, 2021
- IPO size
- $150M
- IPO exchange
- New York Stock Exchange
- Target
- VinFast Auto Ltd.
- Announced
- May 12, 2023
- Closed
- Aug 14, 2023
- Combined company
- VinFast Auto Ltd. (VFS)
- IPO underwriters
- Citigroup and Loop Capital
- SPAC counsel (IPO)
- Davis Polk and Appleby
- Underwriters' counsel (IPO)
- A&O Shearman
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jul 16, 2021
- Deal announcement (8-K) May 12, 2023
- Press release
- All filings on EDGAR CIK 1851908
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