Global Lights Acquisition registerd to offer 6 million units at $10 each. The Beijing-based SPAC is focused on sustainability.
Each unit consists of a share and one right to receive one-sixth of a share upon completion of a business combination.
Chairman and CEO Zhizhuang Miao since July 2018 has been the founder of Guizhou Zhonghuanjiancheng Circular Economy Industry Co., Ltd, a company that focuses on the development and promotion of comprehensive environmental protection solutions and resource recycling technologies as well as investment in renewable resource industrial parks.
Chardan and Valuable Capital Securities are joint bookrunners on the deal.
The new SPAc has applied to list on the Nasdaq under the symbol GLACU. Read more.
