Hudson Acquisition I Files for $60M IPO

IPO

Hudson Acquisition I registered to raised $60 million through an offering of 6 million units. Each unit has an offering price of $10 and consists of one share and one right to receive one eighth of a share.

The SPAC plans to target US technology companies, while specifically avoiding any companies in China, Hong Kong or Macau.

CEO and Cahirman Jiang Hui is chairman and CEO of Wave Sync. Prior to that, Hui held various positions at the New York and London offices of Industrial and Commercial Bank of China. 

The SPAC has applied to list on the Nasdaq under the symbol HUDA U. Chardan is sole book-running manager. Read more

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