DUET Acquisition registered to offer 7.5 million units at $10 each, with a unit consisting of one share of Class A common stock and one-half of a warrant. The sponsor has agreed to purchase up to 432,475 units.
The SPAC is interested in middle market “enabling technology” companies, excluding any with operations in China or Hong Kong.
Chairman Larry Gan Nyap Liou has held numerous execugtvie and corporate governance positions at companies in the technology, media and online classifieds space.
The SPAC in the filing said it has applied to list on the Nasdaq but has not yet selected a tgicker symbol. Read more.