SpacDesk logoSpacDesk

PropertyGuru Group

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Bridgetown 2 Holdings Limited (NASDAQ: BTNB) was a blank-check company sponsored by Pacific Century Premium Developments, the vehicle backed by Richard Li and Peter Thiel, that announced a business combination with PropertyGuru Group in July 2021. PropertyGuru is a Singapore-headquartered property technology platform operating digital real estate marketplaces across Southeast Asia, including Singapore, Malaysia, Vietnam, Thailand, and Indonesia. The SPAC completed its IPO in early 2021 and targeted the real estate technology sector. The transaction closed in early 2022, with PropertyGuru beginning trading on the New York Stock Exchange under the ticker PGY. Sign up for SpacDesk to access the full data profile on BTNB and thousands of other SPAC transactions.

Announced
2021-07-26
Closed
2022-03-17
PIPE Raised
$100–250M
Industry
Real Estate

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
BTNBBridgetown 2 Holdings LimitedClosed2021-07-262022-03-17$260.0M$131.9MBridgetown 2 LLC