Golden Ventures Acquisition plans to offer 10 million units at $10 each. A unit consists of one Class A ordinary share and one-half of one redeemable warrant; whole warrants exercisable at $11.50.
The SPAC remains focused on companies engaged in decarbonization, vehicle electrification, and other clean energy initiatives.
Golden Ventrures is led by CEO and Director Manish Dahiya, who is currently managing director of one of the SPAC’s founders, Cue1 Pte., a Singapore-based company providing consultancy services in the commodities sector.
The underwriters have an over-allotment option to purchase up to an additional 1.5 million units.
The SPAC intends to apply for a NYSE listing under GVAC.U. Read more.
