Welcome to our dedicated page for Aimei Health Technology Co. Unit news (Ticker: afjku), a resource for investors and traders seeking the latest updates and insights on Aimei Health Technology Co. Unit stock.
Aimei Health Technology Co., Ltd (NASDAQ: AFJKU) is a newly established blank check company incorporated in the Cayman Islands. Its primary objective is to merge, acquire, or reorganize with one or more businesses, emphasizing those that focus on healthcare innovation. Blank check companies like Aimei provide a unique investment opportunity by pooling funds through an initial public offering (IPO) with the goal of targeting a promising business for acquisition.
On December 1, 2023, Aimei Health Technology Co., Ltd. priced its IPO at $10.00 per unit, issuing a total of 6,000,000 units. Each unit comprises one ordinary share and one right, with every five rights entitling the holder to one additional share upon consummation of an initial business combination. The units began trading on NASDAQ under the symbol AFJKU from December 4, 2023, with shares and rights separately trading under AFJK and AFJKR, respectively.
The IPO successfully closed on December 6, 2023, including the exercise of the underwriters’ option to purchase an additional 900,000 units, bringing the total to 6,900,000 units. Spartan Capital Securities, LLC, acted as the sole book-running manager, while legal counsel was provided by Loeb & Loeb LLP and Hunter, Taubman Fischer & Li LLC. Ogier (Cayman) LLP served as the Cayman Islands legal counsel for Aimei, and ARC Group Limited acted as the financial advisor.
Aimei's operational strategy is straightforward yet broad, not confined to any specific industry or geographic region. However, there is a clear intent to focus on the healthcare sector, recognizing the massive potential for growth and innovation in this field. This strategy aims to capitalize on the demand for advanced healthcare solutions and the burgeoning market for health-related technologies.
The Company is transparent about the inherent risks associated with forward-looking statements. These statements are not guarantees and involve uncertainties that could result in different outcomes than those anticipated. Investors are encouraged to review the prospectus and registration statements filed with the SEC to understand these risks better.
Contact Information:
Juan Fernandez Pascual, Chief Executive Officer
Aimei Health Technology Co., Ltd
10 East 53rd Street, Suite 3001, New York, NY 10022
Phone: +34 678 035200
Email: anatraveneta@hotmail.com
United Hydrogen Group Inc., a comprehensive hydrogen solution provider in China, announced a business combination with Aimei Health Technology Co., (“AFJK”), a Nasdaq-listed SPAC. The transaction, valuing the combined company at approximately $1.6 billion, will make United Hydrogen a publicly traded entity on Nasdaq. United Hydrogen reported a revenue of $13.1 million in 2023, a 144% increase from 2022. Upon closing in Q3 2024, United Hydrogen’s shareholders will own about 94% of the new entity. The executive team, led by founder Xia Ma, will continue to lead the combined company.
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