TenX Keane Acquisition in an amended S-1 filing said it now plans to offer 6 million units at $10 each, up from the 5 million initially registered in May 2021.
A unit still consists of one Class A ordinary share and one right to receive one-tenth of a share upon completion of a merger.
Maxim is the sole book-running manager for the offering.
The SPAC is focused on companies in Asia with an enterprise value of $200 million to $600 million, excluding companies located or operating in mainland China, Hong Kong or Macau.
TenX Keane is led by Executive Director and Chairman Xiaofeng Yuan, who founded 38Fule Group, a science and technology company.
The SPAC plans to apply for a Nasdaq listing under TENKU. Read more.
