Neo Technology Acquisition registered to offer 4 million units at $10 each. A unit consists of one share of stock and one right to receive one-tenth of a share upon the closing of an initial business combination.
Sponsored by Oasis Capital Management, the new SPAC in the filing did not cite any specific sectors it might target, referring only to companies in North America and Asia.
Neo Technology is led by President, Executive Director and Chairwoman Yajing Li, manager of Oasis Capital. Since 2010 she has been a director of real estate investment at Guohua Life Insurance in China.
Underwriter Maxim has an over-allotment option to purchase up to 600,000 units.
The SPAC has applied to list on the Nasdaq under NFTTU. Read more.
