Hong Kong-based Lion Group Holding, operator of an all-in-one trading platform that offers products and services with a focus on Chinese investors, today announced it signed engagement letters with an underwriter and legal counsel to form a third SPAC, Aquarius II Acquisition. The deal size is expected to be $50 million.
The company has yet to file a registration statement with the SEC for the offering.
This news follows Lion’s recent announcements of its forming SPAC companies Aquarius I Acquisition as well as Skyline I Acquisition through subsidiary Lion Wealth Management Limited. Read more.