Asia-focused EdTech SPAC Aetherium Acquisition registered to offer 10 million units at $10 each. A unit consists of one share and one-half of a redeemable warrant; whole warrants exercisable at $11.50 for a share.
Chairman, Co-CEO and Director Jonathan Chan is the founder and managing partner of Vigilant Assets, an investment advisory firm. He is also the founder and CEO of Jules Corporation, which is engaged in education and the EdTech ecosystem. Co-CEO, Vice Chairman and Director David Kopp is a managing director of Vigilant Assets. Kopp has advised and managed over $10 billion in both cross-border and China-domestic transactions.
EF Hutton is sole manager of the offering. The underwriters have an over-allotment option to buy up to an additional 1.5 million units.
Aetherium has applied for a Nasdaq listing under VIEDU. Read more.
