Renaissance Capital logo

JVSPAC Acquisition Priced, Nasdaq: JVSA

Blank check company targeting businesses at the intersection of lifestyle and tech (pending: Hotel101 Global).

Industry: SPAC

Latest Trade: $10.45 0.00 (0.0%)

First Day Return: +1.2%

Return from IPO: +4.5%

Industry: SPAC

We are a blank check company incorporated in the British Virgin Islands as a business company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. Although there is no restriction or limitation on what industry or geographic region for our target search, it is our intention to pursue prospective targets that are at the intersection of the lifestyle sectors and technology, which we believe have an optimistic growth trajectory for the coming years. We also intend to focus on prospective target businesses that have potential for revenue growth and/or operating margin expansion with recurring revenue and cash flow, and strong market positions within their industries. We will primarily seek to acquire one or more businesses with a total enterprise value of between $100,000,000 and $600,000,000. At the time of preparing this prospectus, we do not have any specific business combination under consideration or contemplation, and we have not, nor has anyone on our behalf, contacted any prospective target business or had any discussions, formal or otherwise, with respect to such a transaction. Our efforts to date are limited to organizational activities related to this offering.
more less
IPO Data
IPO File Date 10/26/2023
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 5.0
Deal Size ($mm) $50
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/18/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 5.0
Deal Size ($mm) $50
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters Hong Kong, China
Founded 2021
Employees at IPO 2

JVSPAC Acquisition (JVSA) Performance