The new SPAC intends to identify targets in the new energy sector that are based in the U.S. or Asia with a total enterprise value between $150 million and $300 million. Aquaron is led by CEO, Chairwoman, and President Yi Zhou and CFO Qingze Zhao.
Total SPAC deal count for 2022 year-to-date is now 79. This offering is expected to close on Thursday, October 6.
Chardan is the sole book-running manager for the offering. Wilson Sonsini Goodrich & Rosati is serving as Issuer’s Counsel with Reed Smith LLP serving as Underwriter’s Counsel. UHY, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.