Goldenbridge Acquisition Limited priced its IPO of 5 million units at $10 per unit.
Units begin trading today on the Nasdaq under GBRGU. Each consists of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, ordinary shares, rights and warrants are expected to list under GBRG, GBRGR, and GBRGW, respectively.
The SPAC intends to focus on opportunities in the artificial intelligence and any other related technology innovations market. Read more.