Hainan Manaslu Acquisition Corp. Announces Pricing of $60.0 Million Initial Public Offering
Each warrant entitles the holder thereof to purchase one ordinary share at an exercise price of $11.50 per share.
- Each warrant entitles the holder thereof to purchase one ordinary share at an exercise price of $11.50 per share.
- Each right entitles the holder thereof to receive one-tenth of one ordinary share upon the consummation of the Companys initial business combination.
- The Company has granted the underwriters a 45-day option to purchase up to 900,000 additional units at the initial public offering price to cover over-allotments, if any.
- ABOUT HAINAN MANASLU ACQUISITION CORP.
Hainan Manaslu Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.