Aurora Technology Acquisition Corp. (ATAKU) Prices $200M IPO


Aurora Technology Acquisition Corp. (ATAKU) Prices $200M IPO

Aurora Technology Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ATAKU” Monday, February 7.

The new SPAC intends to focus its search on high-growth technology companies based in North America and Asia (excluding China). The Company aims to prioritize target companies founded by Asian or Asian-American entrepreneurs who are building a global enterprise supported by forward-thinking visions and innovative frontier technologies that include but are not limited to artificial intelligence, blockchain, quantum computing, and electric vehicles.  Aurora Technology is led by CEO and Chairman Zachary Wang, COO and Co-Vice Chairwoman Cathryn Chen, and CFO and Co-Vice Chairman Yida Gao.

Total SPAC deal count for 2022 year-to-date is now 28. This offering is expected to close on Wednesday, February 9.

Maxim Group LLC is acting as the sole book-running manager for the offering. Dentons US LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. EisnerAmper LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.