Ace Global Business Acquisition today registered with the SEC to raise $40 million in an IPO of 4 million units at $10 each.
In the S-1 filing the new SPAC said it intends to focus on operating businesses in the gaming or e-commerce industry in China, Southeast Asia and Japan.
The SPAC is led by CEO and Chairman Eugene Wong, who is the managing director of Whiz Partners Asia and the partner and CIO of the China Hero PJ Fund.
The SPAC plans to list on the Nasdaq under ACBAU. Read more.
