Chardan NexTech Acquisition filed with the SEC to offer 20 million units at $10 per unit.
The new SPAC said it will target companies in disruptive technologies in both HealthTech and FinTech.
Chardan NexTech is led by Chairman Kerry Propper, co-founder of Chardan and CEO and head of its investment bank from 2003 to 2015. He is a pioneer in the SPAC marketplace, as he was the executive vice president and director of the third-ever publicly listed special purpose acquisition company, Chardan China Acquisition Corp., according to the SPAC’s S-1 filing.
The company expects to list on the Nasdaq under CNAQU. Read more.
