TenX Keane Acquisition (TENKU) Prices $60M IPO


TenX Keane Acquisition (TENKU) Prices $60M IPO

Oct 13, 2022 IPOs by Marlena Haddad

TenX Keane Acquisition priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TENKU” Friday, October 14, 2022.

The new SPAC intends to pursue a broad range of opportunities that have a strong and experienced management team. TenX Keane is led by CEO and Chairman Xiaofeng Yuan, and CFO Taylor Zhang.

Total SPAC deal count for 2022 year-to-date is now 81. This offering is expected to close on Tuesday, October 18.

Maxim Group LLC is the sole book-running manager for the offering. The Crone Law Group P.C. is serving as Issuer’s Counsel with Lucosky Brookman, LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.