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      Question

      As per the IFSCA Listing Regulations 2024, what is the

      minimum application size for a Special Purpose Acquisition Company (SPAC) IPO?
      A USD 50,000 Correct Answer Incorrect Answer
      B USD 75,000 Correct Answer Incorrect Answer
      C USD 100,000 Correct Answer Incorrect Answer
      D USD 150,000 Correct Answer Incorrect Answer
      E USD 200,000 Correct Answer Incorrect Answer

      Solution

      Regulation 52 states that the minimum application size for a SPAC IPO is USD 100,000.

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