Jade Value Acquisition, which initially registered with the SEC in July as Apollo Acquisition, in an amended S-1 filing said it now plans to offer 7.5 million units, up from the 4 million initially registered for the offering.
A unit consists of one share, one-half of a warrant and one right to receive one-tenth of one share.
The new SPAC will target companies within the Internet and technology sectors, including blockchain infrastructure and software services.
The SPAC said it will apply to list on the Nasdaq under JVACU. Read more.
