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Blank check company Greenland Acquisition prices IPO at $10

July 25, 2018
Greenland Technologies (Zhongchai) (Greenland Acquisition) logo

Greenland Acquisition, a blank check company formed to acquire a Chinese technology-enabled service business, raised $40 million by offering 4 million shares at $10. Greenland Acquisition plans to list on the Nasdaq under the symbol GLACU. Chardan Capital Markets acted as a lead manager on the deal.