OCA Acquisition registered to offer 13 million units at $10 each to raise $130 million for the acquisition of a U.S. business in the technology-enabled business services, including healthcare and education, or financial services sectors. The SPAC will target companies with an enterprise value of $750 million to $1 billion.
Olympus Capital Holdings Asia, an Asian-focused private equity firm, is the SPAC’s advisor.
The SPAC plans to list on the Naqsdaq under OCAXU. Read more.