Crypto 1 Acquisition Files for $200M IPO

Crypto 1 Acquisition registered to offer 20 million units at $10 each. A unit consists of one Class A ordinary share and three-quarters of a warrant.

The new SPAC intends to focus on the acquisition of a significant digital assets and cryptocurrency exchange, payment system and/or related financial services company, excluding China and Hong Kong.

Founder, chairman and director Dr. Najamul Kidwai is a venture partner and investment committee member of Frontier Ventures, a VC fund focused on early-stage technology and blockchain.

B. Riley is sole manager of the offering. The underwriters have an option to purchase up to an additional 3 million units. 

The SPAC intends to apply for a Nasdaq listing under DAOOU. Read more.

Total
0
Shares
Related Posts