Golden Star Acquisition Corporation (GODNU) Prices $60M IPO

Golden Star Acquisition Corporation priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GODNU” Tuesday, May 2, 2023.

The SPAC intends to acquire one or more growth businesses that are strategically significant to the Asian markets with a total enterprise value of between $300 million and $400 million. Golden Star is led by Chairman and CEO Linjun Guo and CFO Kenneth Lam.  

Total SPAC deal count for 2023 year-to-date is now 13. This offering is expected to close on Thursday, May 4, 2023.

Ladenburg Thalmann & Co. Inc. is acting as the sole underwriter in the offering. Becker & Poliakoff LLP is serving as Issuer’s Counsel with Kramer Levin Naftalis & Frankel LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Wilmington Trust, National Association is acting as trustee.