CM Seven Star Acquisition, a Chinese blank check company managed by an affiliate of China Minsheng Investment Group, raised $180 million by offering 18 million units at $10. Units consist of one ordinary share, one-half of a warrant exercisable at $11.50 and a redeemable right to receive one-tenth of one ordinary share at the closing of the acquisition. CM Seven Star Acquisition plans to list on the Nasdaq under the symbol CMSSU. EarlyBirdCapital acted as a lead manager on the deal.
