Biotech Group Acquisition filed to offer 10 million units at $10 each, with each unit consisting of one share and a warrant, exercisable at $11.50.
The new SPAC’s acquisition focus is on the biotechnology sector in North America and the Asia-Pacific region (excluding China, Hong Kong and Macau).
Chairwoman and CEO Yiru (Melody) Shi has been CEO of YCM CPA, a registered public accounting firm, since 2020. Shi is also a Partner at North America CPA Alliance d/b/a MZ Tax and/or MZ Accounting & Tax Service, a public accounting and tax service company, a position she has held since September 2020.
The SPAC said it has applied to list on the Nasdaq under the symbol BGACU, with Tiger Brokers serving as lone book-runner. Read more.
