Chinese Autonomous Yacht Ride Rental Company Said to Mull $1 Billion U.S. SPAC Deal
The Company expects it will be listed on Nasdaq around the first quarter of 2024 at the earliest, with an estimated valuation of US$1 billion (equivalent to approximately 67 billion CNY).
- The Company expects it will be listed on Nasdaq around the first quarter of 2024 at the earliest, with an estimated valuation of US$1 billion (equivalent to approximately 67 billion CNY).
- With integrated artificial intelligence, alternative energy propulsion and its proprietary central control system, Zero Degree’s first autonomous alternative energy yacht, Ling Ling Whale X series, improved both sailing and operation efficiency.
- In 2020, the U.S. stock market has completed a total of 237 SPAC IPOs, raising a record amount of US$83.3 billion.
- Once the company goes public through IPO financing, it will find target companies to merge with within 12 to 24 months.