Blue Room Acquisition registered to offer 20 million units at $10 each. A unit consists of one share, one right and a warrant. Each right entitles the holder to one-tenth of an ordinary share.
Blue Room said it will target companies in the financial sector.
Chairman and CEO Erick Deneb Flores Garcia started his career as a financial advisor, trading bonds, equity and derivatives in U.S. and European markets for Actinver Casa de Bolsa, a brokerage firm in Mexico, in October 2002. From February 2006 to September 2010, Flores served in HSBC Private Bank, trading securities in the U.S. and emerging markets. From September 2010 to August 2012, he worked for Ikon Multibank Group Beijing and XTB Brokers Spain. In September 2012, Mr. Flores acquired and restructured a company in the financial sector to establish MF Market Makers, which through an alliance with a regulated brokerage firm, provides trading services to worldwide clients.
Maxim Group is the sole bookrunner for this offering.
The new SPAC has applied to list on the Nasdaq under the symbol IBLUU. Read more.
