other material
confidence high
sentiment neutral
materiality 0.60
YHN Acquisition I Limited closes $60M IPO; 6M units at $10/unit
YHN Acquisition I Ltd
- Priced IPO of 6,000,000 units at $10.00/unit; gross proceeds $60M.
- Each unit consists of one ordinary share and one right to receive 1/10 ordinary share upon business combination.
- Private placement of 250,000 units to sponsor at $10/unit for $2.5M; $60.3M deposited in trust.
- Trading on Nasdaq: YHNAU (units), YHNA (shares), YHNAR (rights); underwriter Lucid Capital Markets.
- Blank check company; no business combination target selected; CEO Satoshi Tominaga.