Hong Kong First SPAC Aquila Acquisition Corp Raised $130 Million, Down 3% from IPO Price HKD 10


Source: caproasia.com caproasia.com

Key Topics in this News Article:

News Snapshot:

Hong Kong First SPAC Aquila Acquisition Corp Raised $130 Million, Down 3% from IPO Price HKD 10 18th March 2022 | Hong Kong Hong Kong Exchange (HKEX) has listed the first Special Purpose Acquisition Company (SPAC) Aquila Acquisition Corp, raising just under $130 million and share price falling 3% to HKD 9.70 from IPO price of HKD 10 on 18th March 2022 (Friday). HKEX had introduced the Hong Kong SPAC listing regime in January 2022 after receiving substantial market support to its SPAC proposal consultation. As at 17 March 2022, HKEX had received 10 SPAC listing applications, reflecting strong market...