The new SPAC intends to focus its efforts on technology companies operating in Asian markets that have a total enterprise value between $300 million and $500 million. Qomolangma is led by Chairman, President, and CEO Jonathan P. Myers, and CFO Has Shen.
Total SPAC deal count for 2022 year-to-date is now 77. This offering is expected to close on Tuesday, October 4.
Ladenburg Thalmann is acting as the sole book running manager for the offering. Kramer Levin Naftalis & Frankel LLP is serving as Issuer’s Counsel with Wilson Sonsini Goodrich & Rosati serving as Underwriter’s Counsel. Friedman LLP serves as auditor. American Stock Transfer & Trust Company, LLC, is acting as trustee.