Qomolangma Acquisition Corp. (QOMOU) Prices $50M IPO
by Marlena Haddad on 2022-09-29 at 7:45pm

Qomolangma Acquisition Corp. priced its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “QOMOU” Friday, September 30, 2022.

The new SPAC intends to focus its efforts on technology companies operating in Asian markets that have a total enterprise value between $300 million and $500 million. Qomolangma is led by Chairman, President, and CEO Jonathan P. Myers, and CFO Has Shen.

Total SPAC deal count for 2022 year-to-date is now 77. This offering is expected to close on Tuesday, October 4.

Ladenburg Thalmann is acting as the sole book running manager for the offering. Kramer Levin Naftalis & Frankel LLP is serving as Issuer’s Counsel with Wilson Sonsini Goodrich & Rosati serving as Underwriter’s Counsel. Friedman LLP serves as auditor. American Stock Transfer & Trust Company, LLC, is acting as trustee.

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