Aimfinity Investment Corp. I (AIMAU) Prices $70M IPO


Aimfinity Investment Corp. I (AIMAU) Prices $70M IPO

Apr 25, 2022 IPOs by Marlena Haddad

Aimfinity Investment Corp. I priced its $70 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AIMAU” Tuesday, April 26, 2022.

The new SPAC intends to focus on identifying unique business concepts with high-performing organizations that have both aspirations to accelerate growth and create enduring value within the technology sector. Aimfinity is led by CEO Jing (“George”) Cao, and CFO Nicholas Torres III.

Total SPAC deal count for 2022 year-to-date is now 59. This offering is expected to close on Thursday, April 28.

US Tiger Securities, Inc. and EF Hutton, division of Benchmark Investments, LLC are acting as the joint book-running managers in the IPO. Sidley Austin LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. Friedman LLP serves as auditor. U.S. Bank National Association is acting as trustee.