Fellazo Inc. Prices $50M SPAC IPO

Fellazo Inc. (FLLCU), announced the pricing of their $50 million SPAC IPO late yesterday evening.  Fellazo’s units are expected to begin trading today, July 25th, under the symbol Nasdaq: FLLCU.

Fellazo will focus on the health food and supplements sector in Asia and will be led by Nicholas Ting Lun Wong as CEO.

Total SPAC deal count for 2019 year-to-date is now 34 with $8.13 billion in gross proceeds raised. The offering is expected to close on July 29, 2019.

Congratulations to all.

Maxim Group acted as sole book-running manager. Ellenoff Grossman & Schole LLP and Loeb & Loeb LLP acted as Issuer’s Counsel and Underwriter’s Counsel, respectively.