Pomelo Acquisition in a letter to the SEC today said it will not proceed with an offering of 7.5 million units orignially registered with the regulator in November 2021.
Shanghai-based Pomelo was expected to target companies in Asia Pacific and North America.
CEO and Chairman Kiyohiro Kawayanagi is a founding partner of Bit World Japan Investment Limited, a Japanese investment firm, focusing on the telecommunications, media & technology area. Read more.
