Aurora Technology Acquisition registered to offer 20 million units, each consisting of one Class A ordinary share, a warrant, and one right to receive one-tenth of a share. Units would price at $10 each.
The SPAC’s focus is on high-growth technology companies based in Asia and North America that were founded by Asian or Asian-American entrepreneurs.
Maxim is sole book-running manager. The sponsor and Maxim have agreed to purchase up to $6 million in warrants.
CEO and Chairman Zachary Wang founded Ascan Investments, a New York-based single-family office and investment firm, in January 2020, where he is CEO.
Aurora Technology has applied to list on the Nasdaq under the symbol ATAKU. Read more.
