Aimfinity Investment Corp. I (NASDAQ: AIMAU) announced pricing for its initial public offering (“IPO”). The IPO consists of 7 million units, with each unit priced at $10; gross proceeds from the offering could reach an estimated $7 million. The units were listed on the NASDAQ market on April 26, 2022, under the symbol AIMAU. According to the company, each unit available through the IPO includes one class A ordinary share, one class 1 redeemable warrant and one-half of one class 2 redeemable warrant; the announcement also noted that each whole warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. The offering was expected to close on April 28, 2022. US Tiger Securities Inc. and EF Hutton are acting as the joint bookrunning managers in the IPO.
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About Aimfinity Investment Corp. I
Aimfinity Investment Corp. I is a blank-check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company has not selected any business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with it. While the company will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, it will not complete its initial business combination with a target that is headquartered in China, including Hong Kong and Macau, or conduct a majority of its business in China, including Hong Kong and Macau.
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