Question

    As per the IFSCA Listing Regulations 2024, what is the minimum application size for a Special Purpose Acquisition Company (SPAC) IPO?

    A USD 50,000 Correct Answer Incorrect Answer
    B USD 75,000 Correct Answer Incorrect Answer
    C USD 100,000 Correct Answer Incorrect Answer
    D USD 150,000 Correct Answer Incorrect Answer
    E USD 200,000 Correct Answer Incorrect Answer

    Solution

    Regulation 52 states that the minimum application size for a SPAC IPO is USD 100,000.

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