Wintergreen Acquisition Corp. (NASDAQ:WTGUU) announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WTGUU”, Thursday, May 29, 2025.
The new SPAC plans to combine with a TMT target in Asia-Pacific region such as a developer of technology for intelligent chips, 5G or integrated circuitry.
Wintergreen’s management team is led by Mr. Yongfang (“Fayer”) Yao, its Chief Executive Officer and Chairman, and Mr. Bingzhao Tan, its Chief Financial Officer and Director. The Company’s independent directors include Ms. Caihong Chen, Ms. Ru Ding, and Mr. Xiangxiang Wei.
Total SPAC deal count for 2025 year-to-date is now 52. This offering is expected to close on Friday, May 30, 2025.
D. Boral Capital LLC is acting as sole book-running manager in the offering. Concord & Sage PC is serving as Issuer’s Counsel with Robinson+Cole LLP serving as Underwriter’s Counsel. ZH CPA LLC serves as auditor. Wilmington Trust, National Association is acting as trustee.
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