AlphaTime Acquisition Files for $60M IPO

AlphaTime Acquisition registere with the SEC to offer 6 million units at $10 each. A unit consists of one ordinary share, a warrant and one right to receive one-tenth of a share a share upon completion of a merger.

The SPAC is broadly focused on companies in Asia, and the management team has an extensive network in China, according to the S-1 filing.

Chairman Xinfeng Feng founded Guowangxin (Shenzhen) Investment Co., Ltd. in 2021. Feng founded Guoxing Supply China Management Co., Ltd. in 2020 and served as its executive president. In 2017, Feng founded Shenzhen Qianhai Zhongshang Wealth Management Co., Ltd and served as its executive president. 

AlphaTime has applied to list on the Nasdaq under the symbol ATMCU. Chardan is serving as sole book runner. Read more.

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