Bukit Jalil Global Acquisition 1 Ltd. (BUJA) Prices $50M IPO

Bukit Jalil Global Acquisition 1 Ltd. priced its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BUJAU” Wednesday, June 28, 2023.

The company intends to identify emerging growth companies with strong management teams that can either grow into a position to generate cash or are already cash-generative. Bukit Jalil Global 1 is led by is led by CEO, CFO, and Chairman Seck Chyn “Neil” Foo.

Total SPAC deal count for 2023 year-to-date is now 17. This offering is expected to close on Friday, June 30, 2023.

A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC is acting as the co-manager for the offering.. Robinson & Cole LLP is serving as Issuer’s Counsel with Sichenzia Ross Ference LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.