Alberton Acquisition, a Hong Kong-based blank check company led by Ben Wang of Eon Capital, raised $100 million by offering 10 million units at $10. Each unit consists of one ordinary share, one right to receive one tenth (1/10) of an ordinary share at the closing of a business combination, and one warrant to purchase one half (1/2) of an ordinary share.
Alberton Acquisition plans to list on the Nasdaq under the symbol ALACU. Chardan Capital Markets acted as a lead manager on the deal.
