other_material
confidence high
sentiment neutral
materiality 0.65
Wintergreen Acquisition Corp. closes $55.95M IPO; $56.1M trust funded for SPAC combination
Wintergreen Acquisition Corp.
- IPO of 5,595,000 units (incl. 595,000 over-allotment) at $10/unit raised $55,950,000 gross proceeds.
- Trust account funded with $56,089,875; per-share trust value initially $10.025 for public shares.
- Private placement of 253,875 units to sponsor MACRO DREAM Holdings raised $2,538,750.
- Board appointed: Yongfang Yao (CEO), Bingzhao Tan, and independent directors Wei, Ding, Chen.
- Auditor cites substantial doubt about going concern if no business combination within 15 months.
item 3.02item 5.02item 8.01item 9.01