Fats Tasks Acquisition Corp. Appoints Nils Michaelis to Govt Administration Group

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SINGAPORE–(BUSINESS WIRE) – Fat Projects Acquisition Corp. (FATP), which recently filed with the Securities and Exchange Commission (the “SEC”) for a proposed $ 100 million initial public offering by a subsidiary of Fat Projects Pte. Ltd., today announced the appointment of Nils Michaelis to the Executive Management Team. Mr. Michaelis will be President, Chief Operating Officer and Head of Mergers & Acquisition. In addition, he will become Managing Partner of the investment and venture studio Fat Projects Pte. GmbH.

Mr. Michaelis’ career spans 24 years in various industries and regions and has held management positions for leading global consulting firms such as McKinsey & Company, Accenture and companies such as Bertelsmann and American Express. Mr. Michaelis has been at the forefront of digital transformation throughout his career and is an experienced expert in identifying opportunities through digital technologies, designing new approaches and business models, and then implementing them through a combination of organic and M&A-driven growth and becoming successful scale. Over the course of his career, Mr. Michaelis has driven M&A and the integration of acquisitions to accelerate and scale the business for the companies and the clients he serves – with significant M&A experience in Asia, Europe and North America.

Mr. Michaelis has been working in Singapore since August 2013 and held senior management positions at Accenture as Managing Director with responsibility for digital in Southeast Asia and most recently as responsible for transformation in consumer-oriented industries for the growth markets region (APAC, Africa Middle. East and Latin America) , who designs and executes integrated technology-supported transformation journeys for its customers across experience, skill and efficiency levels. Mr. Michaelis is deeply rooted in the global innovation and technology ecosystems and a recognized thought leader for companies, universities and government-related companies. Mr. Michaelis holds a Master of Business Administration from Leuphana University Lüneburg.

“I am delighted to join the Executive Management Team at Fat Projects Acquisition Corp. and Fat Projects Pte. Ltd., with all the possibilities we have, ”said Michaelis. “I look forward to working with the world-class board and senior advisory team we have put together to identify and accelerate the growth of great companies developing technology-driven solutions for the Southeast Asian markets.”

“Nils’ impressive global career and leadership experience in a number of sectors and companies will add to Fat Projects Acquisition Corp. provide unique insights and skills in the industry, ”said David Andrada, Co-Chief Executive Officer and Chief Financial Officer.

“We are very excited to add Nils’ extensive expertise to our team as we seek to partner with great companies that make wonderful products and are ready to move into the public market,” said Tristan Lo, Co-Chief Executive Officer and Chairman of Die Tafel.

Fat Projects Acquisition Corp. intends to identify, merge and publicize a company that is well positioned to achieve superior growth in Southeast Asia. The management is with Fat Projects Pte. Ltd., which was founded in 2015 by Mr. Andrada and Mr. Lo.

This press release constitutes neither an offer to sell nor a solicitation of an offer to buy any securities.

About Fat Projects Acquisition Corporation

Fat Projects Acquisition Corporation has assembled a team of executives and entrepreneurs from some of the most successful multinationals in the world to run our SPAC. The structure of the sponsoring team has been carefully designed to provide relevant experience and networks in the region, to ensure the success of the SPAC and the continued growth of the acquired business. The team brings together more than 100 years of relevant market experience in Southeast Asia, which are directly related to sustainability, finance, supply chain, e-commerce and big data as well as the monetization of B2C and B2B relationships in a digital world. More information is available at http://www.fatprojectscorp.com/.

About Fat Projects Private Limited

Fat Projects is a Singapore-headquartered investment and venture studio founded in 2015 whose growth capital is deployed in a portfolio of assets in technology, fintech, education, hospitality, e-commerce and food technology. Our mission is to build and accelerate entrepreneurial projects with fun, talented, resilient and ethically committed people. with a focus on unlocking shareholder value

The company was co-founded by David Andrada and Tristan Lo, two partners who each bring a connection between 20 years of global high-end banking and a 20-year career based on entrepreneurship. These polarizing skills combine to create a unique approach when it comes to creating new projects in-house or accelerating existing projects that we are joining.

We have two parts to our studio. First, we love building startups. Fat Projects takes a hands-on approach to its own ventures by deploying its own capital, identifying co-founders, and assisting with strategy, technology, and other capital initiatives. Second, we love accelerating emerging growth companies that want to scale and solve big problems through a technology-driven and entrepreneurial approach. More information is available at http://www.fatprojects.com/.