Sichuan Wanma Benteng Technology today registered to offer 7 million shares priced at $10 each. The Asia-focused SPAC’s offering does not include warrants or rights.
The SPAC is led by CEO and Chairman Xinchun Wu, whose experience includes 30 years in export trade and new energy, according to the filing. He has served as the chairman of Yundu Huisheng Technology since 2022.
CFO and director Bin Yu is one of the founders of Yunchuang Blueprint (Xiamen) Technology Group Co., Ltd. He has served as deputy general manager at a well-known accelerator company in China and as an operations manager at a Hong Kong listed company.
A book-running manager was not cited in the S-1 registration.
The new SPAC intends to register for a Nasdaq listing under the ticker symbol WMBT. Read more.
