Nubia Brand International registered to raise $100 million through an offering of 10 million units. Each consists of one share and one-half a warrant.
Nubia Brand intends to acquire a business operating in the wireless telecommunications sphere.
Chairman and CEO Jaymes Winters is CEO of Mach FM Corp.
E.F. Hutton is managing the offering. The underwriters may opt to purchase up to an additional 1.5 million units.
The SPAC has applied to list on the Nasdaq under NUBI.U. Read more.
