Japanese government formed a panel to discuss the possibility of SPAC in Japan.
In order to encourage people to start businesses Japanese government formed several working group to discuss how to grow startup communities. I guess this SPAC panel is a similar effort made by the government. Japanese Cabinet Secretariat's website released documents related to the startup working group in Japanese.
The link of the website is below.
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Japan should consider whether to allow firms to list through a Special Purpose Acquisition Company (SPAC) on exchanges, a government panel tasked with drafting the country’s growth strategy proposed on Wednesday.
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