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FidelisWorld-backed Smaaash to list in US after pact with blank cheque firm

By Keshav Sunkara

  • 10 May 2018
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FidelisWorld-backed Smaaash to list in US after pact with blank cheque firm

Gaming arcade operator Smaaash Entertainment Pvt. Ltd has opted for a back-door listing in the US after it signed a pact to sell a minority stake to a Nasdaq-listed blank cheque firm.Smaaash will sell a 24.5% stake to I-AM Capital Acquisition Company for $49 million (Rs 330 crore). The deal ......

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