Alberton Acquisition, a Hong Kong-based blank check company, filed for its IPO on Tuesday.
The Hong Kong-based company plans to raise $100 million by offering 10 million units at a price of $10. Each unit will consist of one share of common stock and on right to purchase one tenth of one share of common stock. At $10, Alberton Acquisition would command a market value of $128 million.
Alberton Acquisition was founded in 2018 and plans to list on the Nasdaq under the symbol ALACU. Chardan Capital Markets is the sole bookrunner on the deal.
