# VinFast to go public via merger with Black Spade Acquisition Co

VinFast Auto Pte. Ltd. and Black Spade Acquisition Co announced a business combination agreement. After the transaction, VinFast will have an equity value of over US$23 billion and be listed in the U.S., with an enterprise value of approximately US$27 billion.

- Type: Acquisition
- Announced: 2023-05-12
- Where: United States
- Value: $27.0B
- Status: announced
- Products: electric vehicles, e-SUVs, e-scooters, e-buses
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Vingroup](https://endata.com/companies/18856.md) (investor)
- [VinFast Auto Pte. Ltd.](https://endata.com/companies/70239.md) (target)
- [Black Spade Acquisition Co](https://endata.com/companies/70240.md) (acquirer)

## Sources

- [vingroup.net](https://www.vingroup.net/en/news/detail/2804/vinfast-to-publicly-list-through-business-combination-with-black-spade-acquisition-co), 2023-05-12: "VinFast will have an equity value of over US$23 billion and be listed in the U.S."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.