Aimfinity Investment I registered to offer 7 million units priced at $10 each, with each unit consisting of one Class A ordinary share, a Class 1 warrant and one-half of a Class 2 warrant.
The warrants are exercisable on the later of 30 days after the completion of a merger or 15 months from the closing of the IPO. Class 2 redeemable warrants attached to any redeemed shares will expire.
The tech-focused SPAC will not consider any business operating in China, Hong Kong or Macau, according to the filing.
CEO and Director Jing (“George”) Cao in 2018 founded and has since served as the CEO of AscendEX, a global digital asset trading platform.
Tiger Brokers is lead book-running manager. EF Hutton is joint manager.
The SPAC intends to apply for a Nasdaq lisgting under the symbol AIMAU. Read more.
