Thunderstone Acquisition Corp. Seeks $50 Million in IPO

Thunderstone Acquisition Corp. (TDSTU) is set to raise $50 million through an initial public offering scheduled for Friday, October 10th, as per IPO Scoop's report. With each share priced at $10.00, the company plans to issue 5,000,000 shares. D. Boral Capital (formerly EF Hutton) and ARC Group Securities serve as underwriters for the IPO. Thunderstone Acquisition Corp. explains that their target business could come from any industry or geographic location. Their sponsor, a British Virgin Islands business company, was created to invest in them. Xunlei Lu, the Chief Executive Officer, boasts decades of leadership in the supply chain industry. Lu,…