Nova Vision Acquisition registered with the SEC to offer 5 million units at $10 each.
A unit consists of one ordinary share and one redeemable warrant. Two warrants would be exercisable to purchase one share at $11.50.
Lead underwriter EF Hutton has an option to purchase up to an additional 750,000 units to cover any over-allotments. EF Hutton and Brookline Capital Markets are joint book-runners for the offering.
The Asia-focused SPAC will target opportunities in the PropTech, FinTech, ConsumerTech, Supply Chain Management industries or technology companies that serve these or other sectors.
Nova Vision is led by CEO, CFO and Director Eric Ping Hang Wong, who is a senior advisor at Third Generation Capital Limited, a middle market corporate finance advisory firm specializing in the Asian market.
The SPAC has applied for a Nasdaq listing under NOVVU. Read more.
