VinFast completes SPAC deal, starts trading on Nasdaq

VinFast on Monday completed a merger with listed company Black Spade Acquisition in a so-called SPAC deal, paving the way for the Vietnamese EV startup to start trading on the Nasdaq later on Tuesday. The merged company, known as VinFast Auto Ltd., will trade under the ticker symbol VFS. VinFast’s existing shareholders will own approximately 99%…