Arogo Capital Acquisition Corp. announced the pricing of its $90 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AOGOU” Monday, December 27, 2021
The new SPAC intends to focus its search for a target business with operations or prospective operations in electric vehicles (EV) technology, smart mobility or sustainable transportation and related business ecosystems in the Asia Pacific, primarily Southeast Asia, where the management team has extensive experience in the information technology, transportation operations, and manufacturing industries. Arogo Capital is led by Chief Executive Officer Mr. Suradech Taweesaengsakulthai, Chief Strategy Officer Mr. Chee Han Wen, Chief Financial Officer Mr. Suthee Chivaphongse, and Chairman Nominee H.R.H. Tunku Naquiyuddin ibni Tuanku Ja’afar.
Total SPAC deal count for 2021 year-to-date is now 611. This offering is expected to close on Wednesday, December 29.
EF Hutton, division of Benchmark Investments, LLC is acting as sole book-running manager for the offering. Nelson Mullins Riley & Scarborough LLP is serving as Issuer’s Counsel with The Loev Law Firm, PC serving as Underwriter’s Counsel. Adeptus Partners LLP 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...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...
At the SPAC of Dawn Futures sit slightly red as investors return from holidays of barbecues and fireworks to renewed concerns about where US President Donald Trump’s tariff policy might hamper trade. The latest shift produced a further one-month delay in most of the tariffs Trump has threatened to impose as his administration continues to...
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,...
Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...