The new SPAC intends to acquire one or more growth businesses with a total enterprise value of between $300 million and $600 million. Metal Sky Star is led by CEO Man Chek Leung and CFO Wenxi He.
Total SPAC deal count for 2022 year-to-date is now 55. This offering is expected to close on Tuesday, April 5.
Ladenburg Thalmann & Co. Inc. is acting as the sole bookrunner and the representative of the underwriters 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.