Asia-focused SPAC AlphaVest Acquisition files for $60m IPO in the US

Asia-focused SPAC AlphaVest Acquisition files for $60m IPO in the US

Photographer: Victor J. Blue/Bloomberg

AlphaVest Acquisition, a special purpose acquisition company (SPAC) that targets businesses in Asia, has filed with the US Securities and Exchange Commission (SEC) to raise up to $60 million in an initial public offering (IPO).