Hash Space Acquisition registered to offer 4 million units at $10 each. A unit consists of one share and one right. Each right is good for one-tenth of one ordinary share.
The new SPAC will work to identify a target in the blockchain sector with an equity value of $100 million to $300 million.
Hash Space is led by CEO Haiyi Lu, who established Great Chiliocosm World Pisces (Tianjin) Enterprise Management and has served as general manager since January.
Chardan is sole book-running manager. The underwriters have an option to purchase up to an additional 600,000 units to cover any over-allotments.
Hash Space has applied to list on the Nasdaq under HACUU. Read more.
