Golden Star Acquisition Prices $60M IPO

Golden Star Acquisition priced its initial public offering of 6 million units.

Units began listing today on the Nasdaq under the ticker symbol GODNU. Each consists of a share and one right to receive two-tenths of a share.

Once the units begin separate trading, shares and rights are expected to list under the symbols GODN and GODNR.

Golden Star’s focus is on businesses that have a connection to the Asian market. 

CEO and Chairman Linjun Guo is an international lawyer who since September 2019 has served as director of legal affairs in ENN Stock Corporation Limited and Xinzhiwolai Network Technology Limited.

Ladenburg Thalmann & Co. is the sole underwriter in the offering. The underwriter has been granted a 45-day option to purchase up to an additional 900,000 units to cover any over-allotments.

The offering is expected to close Thursday. Read more.

Total
0
Shares
Related Posts
Read More

Aldel Financial Prices $100M IPO

Aldel said it will not limit its search for a target company to any particular business segment, but will concentrate on companies exiting the restructuring process, or businesses that have transient current ownership.