Bowen Acquisition announced today that it closed its initial public offering of 6 million units at $10 each.
Units list on the Nasdaq under the ticker symbol BOWNU. Each consists of a share and one right to receive one-tenth of a share upon the completion of an initial business combination, subject to adjustment.
Once the securities begin separate trading, shares and rights are expected to list under the symbols BOWN and BOWNR.
The SPAC in its initial SEC registration said that it is broadly focused on targets in Asia, but will not do a deal with any company with China operations consolidated through a VIE structure. Read more.
