Golden Star Acquisition registered to offer 10 million units at $10 each. A unit consists of one ordinary share, one right to receive one-tenth of a share, and a redeemable warrant. Two warrants and $11.50 can buy a share.
The prospectus allows sponsor G-Star Management to extend the SPAC’s merger deadline, as necessary, with monthly deposits of at least $333,333 into the trust account.
Golden Star’s focus is on businesses that have a connection to the Asian market.
CEO and Chairman Linjun Guo is an international lawyer who since September 2019 has served as director of legal affairs in ENN Stock Corporation Limited and Xinzhiwolai Network Technology Limited.
Ladenburg Thalmann is sole book-runner.
The SPAc has applied for a Nasdaq listing but has not yet selected a ticker symbol. Read more.
