Home » Stocks » BTNC » Company

Bridgetown 3 Holdings Limited (BTNC)

Bridgetown 3 Holdings will go public soon, but the exact IPO date is still unknown.
Stock Price: $10.00
Confirmed IPO price
Bridgetown 3 Holdings Limited
Country Hong Kong
Founded 2021
IPO Date Pending
Industry Blank Checks / SPAC
CEO Daniel Wong

Contact Details

Address:c/o 38/F Champion Tower, 3 Garden Road
Hong Kong
Phone +852 2514 8888

Stock Information

Ticker Symbol BTNC
Exchange NYSE
Reporting Currency US Dollars
IPO Price $10.00
CIK Code 1844028

Company Description

Bridgetown 3 Holdings is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

We intend to focus our search on a target with operations or prospective operations in the technology, financial services, or media sectors, which we refer to as the “new economy sectors”, in Southeast Asia, although we may also explore compelling opportunities in South Asia.

Collective findings by Google, Temasek and Bain & Company indicate that the region’s internet economy crossed the $100 billion mark in 2020 and is poised to triple to an estimated $300 billion by 2025.

According to an Asian Development Bank report on financial inclusion in Southeast Asia, the gap between needs of the populace and the volume of electronic payment and transfer volumes is estimated to be more than $180 billion in Indonesia, Philippines, Cambodia and Myanmar combined.

In addition, in the same set of countries, there is an estimated gap between savings capacity and savings in formal financial institutions of more than $80 billion and gap between credit needs and what is fulfilled by informal lenders is estimated to be approximately $80 billion.

There is also low insurance penetration in these markets. For these reasons, we believe that there are significant market opportunities in these segments.

Key Executives

Daniel WongChief Executive Officer, Chief Financial Officer and Director
Matt DanzeisenChairman of the Board of Directors
Jacqueline ThongPresident