Aspial Lifestyle launches private placement of 149,254,000 shares at S$0.402 each

Aspirational Consumer Lifestyle Corp. Class A
Abri SPAC I Inc Ordinary Shares

Aspirational Consumer Lifestyle Corp. Class A

ASPL

0.00

Abri SPAC I Inc Ordinary Shares

ASPA

0.00
  • Aspial Lifestyle launched equity fundraising targeting gross proceeds of about SGD 84.8 million, anchored by private placement of 149,254,000 new shares.
  • Private placement priced at SGD 0.402 per share, an 8.1% discount to SGD 0.44 VWAP on May 13.
  • DBS, OCBC, SAC Capital, UOB appointed joint placement agents on a best-efforts basis; placement is not underwritten.
  • Private placement expected to raise about SGD 60 million, with proceeds earmarked mainly for general corporate activities, working capital, bank borrowing repayment.
  • Listing and trading of private placement shares slated for 9:00 a.m. on May 25.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aspial Lifestyle Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 5KJZQ51NL2UWBH00) on May 14, 2026, and is solely responsible for the information contained therein.

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