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Ribbon Acquisition Priced, Nasdaq: RIBBU

Tokyo-based blank check company led by Angshuman Ghosh.

Industry: SPAC

Latest Trade: $10.10 0.00 (0.0%)

First Day Return: +0.1%

Return from IPO: +1.0%

We are a newly incorporated blank check company formed in the Cayman Islands as an exempted company with limited liability. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location. We are confident that we will be able to find a target business that will meet expectations. We intend to capitalize on the strengths and experiences of our management team to select, acquire and form a business combination that has a competitive advantage in their core business and is positioned to bring in high returns and long-term sustainable growth. Neither our sponsor and nor our executive officers and directors have ties to, or are based in, the PRC, but are based in Asia. Our management team is led by Mr. Angshuman (Bubai) Ghosh, our chairman and chief executive officer,, who has almost over a decade of combined experience in cross-border mergers and acquisitions, capital raising, deal-making and investment.
IPO Data
IPO Date 01/14/2025
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
A.G.P.
The Benchmark Company
Company Data
Headquarters Tokyo, Japan
Founded 2024
Employees at IPO 2

Ribbon Acquisition (RIBBU) Performance

Created with Highcharts 10.3.2Chart context menuRIBBU vs. IPO Index (IPOUSA)14. Jan16. Jan20. Jan22. Jan26. Jan28. Jan30. Jan3. Feb5. Feb9. Feb11. Feb13. Feb17. Feb19. Feb21. Feb0%+ 10%-5%+ 5%+ 15%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexRIBBUOur ETF tracks the IPO Index