Aimfinity Investment Corp. I priced its $70 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AIMAU” Tuesday, April 26, 2022.
The new SPAC intends to focus on identifying unique business concepts with high-performing organizations that have both aspirations to accelerate growth and create enduring value within the technology sector. Aimfinity is led by CEO Jing (“George”) Cao, and CFO Nicholas Torres III.
Total SPAC deal count for 2022 year-to-date is now 59. This offering is expected to close on Thursday, April 28.
US Tiger Securities, Inc. and EF Hutton, division of Benchmark Investments, LLC are acting as the joint book-running managers in the IPO. Sidley Austin LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. Friedman LLP serves as auditor. U.S. Bank National Association is acting as trustee.


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At the SPAC of Dawn One of the biggest sources of uncertainty in the SPAC market in recent years has been regulatory changes, but new shifts could be in its favor. SEC Chairman Paul Atkins told CNBC yesterday that the commission would review the rules for SPACs after “rather controversial” changes to the rules passed...
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At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....
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