Blue World Acquisition filed today with the SEC to offer 8 million units, each priced at $10 and consisting of one Class A ordinary share, one-half of a warrant, and one right to receive one-tenth of a share.
Blue World will pursue an acquisition primarily in the marine leisure, cruise, marine infrastructure and engineering, general hospitality, travel and tourism, marine services, logistics and supply chain, offshore energy solutions and related industry segments.
The sponsor has agreed to purchase units up to approximately $3.48 million.
CEO and Chairman Liang Shi since January 2017 has served as a partner at Zenin, an investment fund focusing on growth capital investments in emerging sectors in China.
Maxim is sole book-running manager of the Blue World offering.
The SPAC has applied to list on the Nasdaq under BWAQU. Read more.
