Gobi Acquisition filed a preliminary proxy in which it asks shareholders to approve a merger deadline extension to July of next year. A shareholder meeting date has not yet been published.
The SPAC’s sponsor is an affiliate of PAG, one of Asia’s largest private investment management groups with approximately $40 billion AUM. PAG bought 80% of the SPAC’s shares at the July 2021 IPO.
Gobi in its initial S-1 registration said it would target businesses with scale and sustainable competitive advantages.
Hong Kong-based Gobi is led by CEO, CFO and director Jack Li, a managing director and founding member of PAG’s private equity strategy. Read more.
