Fortune Joy International Acquisition registered to offer 4 million units at $10 each. A unit consists of one Class A ordinary share and one-half of a warrant.
The SPAC is focused on Asia-Pacific companies engaged in fast-moving consumer goods, internet based e-Commerce technologies and new energy industries.
Fortune Joy is led by CEO and Director Long Chen, who founded Beijing Xiying Times Culture Group, an e-commerce based social media and entertainment online shopping company.
Tiger Brokers is managing the offering. The underwriters’ over-allotment option is for 600,000 units.
Fortune Joy International plans to apply for a Nasdaq listing under XYGJU. Read more.
