Briefing

Sagard fintech SPAC begins trading on Nasdaq

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The blank-cheque company run by executives at Power Corp. unit Sagard raised US$240 million in its public offering, up from the US$200 million it had initially targeted. Shares in Portage Fintech Acquisition, which is trading on the Nasdaq under the symbol PFTAU, remained largely flat throughout the day after opening at just under US$10. (The Logic)

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