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SPAC(Special Purpose Acquisition Company) [2024-01-09]

SPACs—or Special Purpose Acquisition Companies—are publiclytraded investment vehicles that raise funds via an initial public offering (IPO) in order to complete a targeted acquisition. They provide private companies with a unique way to access the public markets, while offering investors a way to co-invest side-by-side with best-in-class sponsors.

The SPAC is required by its charter to complete that initial business combination — or“de-SPAC”transaction — typically within 24 months, or liquidate and return the gross proceeds raised in the IPO to the public shareholders. Going public through SPACs is faster with remarkably lower cost and simpler process than by normal IPOs.

 

Business Combination Requirementsd

√Valuation over 300 million US dollars

√Preferred in field of Internet, medical care, automobiles, clean energy, etc.

√Leading technology or excellent business model with competitive advantages

√Asset-light business models and potential prospect

√Experienced management team and well-known professional investors

If you are interested in the SPAC, please contact us at 010-85892903.

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