YHN Acquisition I Limited announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YHNAU”, Wednesday, September 18, 2024.
The new SPAC’s search will not be limited to a particular industry or geographic location, but the sponsors intend to target companies with a strong management team.
YHN I’s sponsor team is to be led by Chief Executive Officer and Director Satoshi Tominaga alongside Chief Financial Officer and Director Yangyujia An. Zhengming Feng, Donghu Xu and Min Zhang are to serve on the SPAC’s Board of Directors.
Total SPAC deal count for 2024 year-to-date is now 33. This offering is expected to close on Thursday, September 19, 2024.
Lucid Capital Markets, LLC is acting as the sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Blank Rome LLP serving as Underwriter’s Counsel. Adeptus Partners LLC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
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Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
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