The new SPAC aims to combine with a global consumer target that has a significant presence in Asia or a compelling Asia potential. Global Consumer is led by CEO and CFO Rohan Ajila and Co-Chairman Gautham Pai.
Total SPAC deal count for 2021 year-to-date is now 332. This offering is expected to close on Friday, June 11.
Kingswood Capital Market is acting as book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with McCarter & English LLP serving as Underwriter’s Counsel. Marcum Bernstein & Pinchuk LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.