Ace Global Business Prices $40M IPO

IPO

Ace Global Business Acquisition Limited priced its IPO of 4 million units at $10 each.

Units start trading today on the Nasdaq under ACBAU. Each consists of one ordinary share and one warrant to purchase one ordinary share. Once the securities comprising the units begin separate trading, shares and warrants will list under ACBA and ACBAW, respectively.

The SPAC is targeting businesses in the gaming or e-commerce industry in China, Southeast Asia and Japan. Read more.

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