Hong Kong-based Lion Group Holding’s Aquarius II Acquisition in an amended S-1 filing said it will now offer 60 million units, up from the 50 million initially registered with the SEC in July.
A unit now consists of one ordinary share, one-half of a warrant and one right to receive one-tenth of a share.
EF Hutton is sole book-running manager.
Aquarius II plans to target businesses with enterprise values of between $150 million and $300 million.
The SPAC has applied for a Nasdaq listing under the symbol AQUBU. Read more.