Generation Asia I Acquisition Prices $200M IPO

IPO

Generation Asia I Acquisition Limited priced its IPO of 20 million units at $10 each.

Units begin trading today on the NYSE under the symbol GAQ.U. Each consists of a share and one-half of a warrant.

The TMT-focused SPAC will target companies across Asia, excluding China, Hong Kong and Macau.

The offering is expected to close Jan. 24.

Nomura is sole book-running manager for the offering. Read more.

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