Grab CEO Confident SPAC Deal to Close by Year-End After Delay

The video discusses the delay in merger completion to Q4 and the company's proactive approach to SEC pre-clearance. It highlights Q1 achievements, including surpassing targets and user growth. The focus remains on NASDAQ listing, with no immediate plans for broader expansion. The decision to choose SPAC over a traditional IPO is attributed to the strong partnership with Altimeter.

What was the main reason for the delay in the merger completion?

• Lack of investor interest

• Regulatory changes in the market

• Proactive steps for SEC pre-clearance

• Technical issues with the merger process

What was the company's focus for the second half of the year?

• Reducing operational costs

• Launching new products

• Improving consumer execution

• Expanding into new markets

What is the company's stance on a secondary listing in Singapore?

• They are considering all options

• They have dismissed the idea

• They are actively pursuing it

• They have already completed it

Why did the company choose a SPAC over a traditional IPO?

• Faster process

• Alignment with Altimeter's values

• Higher valuation

• Less regulatory scrutiny

What impressed the company about Altimeter's team?

• Their market experience

• Their technological expertise

• Their financial backing

• Their commitment and investment