News On YHN Acquisition I Ltd. (YHNAU) Now Under YHNA

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YHN Acquisition I Prices $60 Million Initial Public Offering

MT NewswiresSep 17 17:34 ET

Hong Kong-based SPAC company YHN Acquisition I (YHNAU.US) files for listing in the United States, planning to raise $60 million.

According to the Smart Finance APP, SPAC YHN Acquisition I submitted its initial public offering (IPO) application to the US Securities and Exchange Commission (SEC) last Friday, planning to raise up to $60 million. The Hong Kong-based company plans to list on the Nasdaq with the code "YHNAU". The company plans to issue 6 million units at a price of $10 per unit, each unit includes a common stock and the right to receive one-tenth of the shareholding after the business merger is completed. According to the proposed transaction size, the company's market cap will reach 7.

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