VCKAU 1C + 1/2W
12 months + 6 months at .075 / 3 months.
Our executive offices are located at 1 Harbourfront Avenue, #16-06, Keppel Bay Tower, Singapore 098632, Singapore and our telephone number is (646) 974-8301.
Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location. We do not have any specific business combination under consideration and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction.
We intend to leverage the expertise and network of Vickers Venture Partners, or “VVP,” a venture capital firm affiliated with our executive officers, to take advantage of its deal flow, strong networks and technical expertise in assisting us in consummating an initial business combination. VVP was co-founded in 2005 by Dr. Jeffrey Chi, our Chairman and Chief Executive Officer, along with Dr. Finian Tan (an advisor of ours), Dr. Khalil Binebine, Ms. Linda Li, Dr. Damian Tan and Mr. Raymond Kong. VVP has offices in Singapore, Shanghai, San Francisco, New York, San Diego, Hong Kong and Kuala Lumpur. VVP is currently the most medaled venture capital firm in Singapore, having won five awards from the Singapore Venture Capital and Private Equity Association (SVCA) since the inception of the awards in 2010, and is also the 5th ranked most consistent top performing fund manager in the world according to Preqin’s database as of June 30, 2020.
Dr. Jeffrey Chi is currently the Vice Chairman of Asia of VVP. He was the chairman of SVCA from 2013 to 2017, was on the boards of Jing-Jin Electric, Tenfen/Kuyun Technology, Matchmove and Cambridge and was an alternate director of AFC. Prior to VVP, Dr. Chi was a Corporate Finance Specialist and an Executive Director at Pegasus Capital where he had managed engagements for a wide range of clients in both the public and private sectors. Dr. Chi’s operational background includes working on the management team of an engineering and construction group where he oversaw operations in Singapore, Malaysia, Taiwan and Indonesia. As the Managing Director, he guided the group into tripling its revenue in three years, which helped the group clinch a spot in the Enterprise 50 awards in Singapore.
Dr. Chi’s experience in private equity will be coupled with VVP’s team in seven locations to provide coverage in three key regions of technological innovation and market growth — China, Southeast Asia and the US. Approximately half of the investment team at VVP holds an advanced degree, with specialties in biotech, material science, neuroscience and engineering. The core VVP team has worked together since 2005, and the entire investment team has an aggregate total of more than 100 years of combined experience investing in and advising early stage companies. This experience has helped to refine a unique selection process and an expertise in partnering with management teams through the company building process. As a result of the team’s extensive early stage experience, track record, reputation and deep technical bench, VVP reviews several thousand transactions a year globally. We believe our company will be able to capitalize on this deal flow to find a potential initial business combination.