AirAsia Chief Says Brand Unit Is Nearing Nasdaq Backdoor Listing

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AirAsia's branding unit is nearing a Nasdaq backdoor listing, potentially valuing the entity at $1.5 billion, according to AirAsia founder Tony Fernandes.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

AirAsia founder Tony Fernandes said that the Asian airline’s branding unit is closing in on a Nasdaq-listed target for a backdoor listing later this year that would value the newly created entity at about $1.5 billion.

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Original article published by Bloomberg on February 16, 2026.
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