Aimei Health Technology Co., Ltd Announces Closing of $69 Million Initial Public Offering
December 06 2023 - 6:49PM
Aimei Health Technology Co., Ltd (NASDAQ: AFJK, the “Company”)
announced today that it closed its initial public offering of
6,900,000 units at $10.00 per unit, including the full exercise of
the underwriters’ option to purchase up to an additional 900,000
units to cover over-allotments. Each unit consists of one ordinary
share and one right. Each right entitles the holder thereof to
receive one-fifth (1/5) of one ordinary share upon the consummation
of an initial business combination.
The units are listed on The NASDAQ Global Market
(“NASDAQ”) and began trading under the ticker symbol “AFJKU” on
December 4, 2023. Once the securities comprising the units begin
separate trading, the ordinary shares and rights are expected to be
listed on NASDAQ under the symbols “AFJK,” and “AFJKR,”
respectively.
Spartan Capital Securities, LLC, acted as sole
book running manager in the offering. Loeb & Loeb LLP is
serving as legal counsel to the Company. Hunter, Taubman Fischer
& Li LLC is serving as legal counsel to Spartan Capital
Securities, LLC. Ogier (Cayman) LLP is serving as Cayman Islands
legal counsel to the Company.
ARC Group Limited acted as financial advisor to
the Company.
A registration statement relating to these
securities was declared effective by the Securities and Exchange
Commission on November 30, 2023. The offering is being made only by
means of a prospectus, copies of which may be obtained by
contacting Spartan Capital Securities, LLC, 45 Broadway, 19th
Floor, New York, NY 10006. Copies of the registration statement can
be accessed through the SEC's website at www.sec.gov.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Aimei Health Technology Co., Ltd
Aimei Health Technology Co., Ltd is a blank
check company newly incorporated as a Cayman Islands exempted
company with limited liability for the purpose of entering into a
merger, share exchange, asset acquisition, share purchase,
recapitalization, reorganization or similar business combination
with one or more businesses or entities. The Company's efforts to
identify a prospective target business will not be limited to a
particular industry or geographic region, although it is the
Company’s intention to pursue prospective targets that are focused
on healthcare innovation.
Forward-Looking Statements
This press release includes forward-looking
statements that involve risks and uncertainties. Forward-looking
statements are statements that are not historical facts. Such
forward-looking statements are subject to risks and uncertainties,
which could cause actual results to differ from the forward-looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
Contact:
Juan Fernandez PascualAimei Health Technology Co., Ltd10 East
53rd Street, Suite 3001New York, NY 10022
Aimei Health Technology (NASDAQ:AFJKR)
Historical Stock Chart
From Oct 2024 to Nov 2024
Aimei Health Technology (NASDAQ:AFJKR)
Historical Stock Chart
From Nov 2023 to Nov 2024