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Kaixin Auto Holdings (CM Seven Star Acquisition) Priced, Nasdaq: KXIN

Chinese blank check company managed by an affiliate of China Minsheng Investment Group (completed 5/1/2019).

Industry: SPAC

First Day Return: +0.1%

Our acquisition strategy is to identify, acquire and, after our initial business combination, to build a public company. Our selection process will leverage our team's network of industry, private equity and lending community relationships as well as relationship with management teams of public and private companies, investment bankers, attorneys and accountants, which we believe should provide us with a number of business combination opportunities. We intend to deploy a pro-active, thematic sourcing strategy and to focus on companies where we believe the combination of our relationships, capital and capital markets expertise and operating experience of executives at China Minsheng Investment Group, can help accelerate the target business' growth and performance.

Kaixin Auto Holdings (CM Seven Star Acquisition) (KXIN) Performance

Created with Highcharts 10.3.2Chart context menuKXIN vs. IPO Index (IPOUSA)Jan '18Jul '18Jan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '250%+ 100%+ 200%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index