Ribbon Acquisition Corp completes $50M SPAC IPO, units trade on Nasdaq

Ribbon Acquisition Corp.

IPO of 5,000,000 units at $10/unit; gross proceeds $50M. Units listed on Nasdaq Capital Market under ticker RIBBU.
Private placement of 220,000 units at $10/unit to sponsor Ribbon Investment Company Ltd, raising $2.2M.
Net proceeds of $50M deposited into trust account with Odyssey Trust Company for benefit of public stockholders.
Underwriters granted 45-day option to purchase up to 750,000 additional units to cover over-allotments.
Company led by CEO Angshuman Ghosh; will not pursue business combination with any company based in Greater China.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

James Zhao-Hui Zhang

director

RIBB · Ribbon Acquisition Corp.

Effective: 2025-01-14
Filed: January 21, 2025, 6:59 PM ET

Effective on January 14, 2025, in connection with the effectiveness of the Registration Statement, Mr. James Zhao-Hui Zhang, Mr. Kani Chen and Mr. Jon Nathan Miller became directors of the Company.

Appointed

Jon Nathan Miller

director

RIBB · Ribbon Acquisition Corp.

Effective: 2025-01-14
Filed: January 21, 2025, 6:59 PM ET

Effective on January 14, 2025, in connection with the effectiveness of the Registration Statement, Mr. James Zhao-Hui Zhang, Mr. Kani Chen and Mr. Jon Nathan Miller became directors of the Company.

Appointed

Kani Chen

director

RIBB · Ribbon Acquisition Corp.

Effective: 2025-01-14
Filed: January 21, 2025, 6:59 PM ET

Effective on January 14, 2025, in connection with the effectiveness of the Registration Statement, Mr. James Zhao-Hui Zhang, Mr. Kani Chen and Mr. Jon Nathan Miller became directors of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

James Zhao-Hui Zhang was appointed as director at Ribbon Acquisition Corp..

Action: appointed
Role: director

Exact text from the filing

Effective on January 14, 2025, in connection with the effectiveness of the Registration Statement, Mr. James Zhao-Hui Zhang, Mr. Kani Chen and Mr. Jon Nathan Miller became directors of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jon Nathan Miller was appointed as director at Ribbon Acquisition Corp..

Action: appointed
Role: director

Exact text from the filing

Effective on January 14, 2025, in connection with the effectiveness of the Registration Statement, Mr. James Zhao-Hui Zhang, Mr. Kani Chen and Mr. Jon Nathan Miller became directors of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kani Chen was appointed as director at Ribbon Acquisition Corp..

Action: appointed
Role: director

Exact text from the filing

Effective on January 14, 2025, in connection with the effectiveness of the Registration Statement, Mr. James Zhao-Hui Zhang, Mr. Kani Chen and Mr. Jon Nathan Miller became directors of the Company.

View on SEC.gov

Ribbon Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001213900-25-005031

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