other_material
confidence high
sentiment neutral
materiality 0.75
Starry Sea Acquisition Corp closes $57.5M IPO; 5.75M units at $10.00
STARRY SEA ACQUISITION CORP
- Gross proceeds of $57.5M from 5.75M units (including full over-allotment) deposited into trust.
- Private placement of 247,121 units to sponsor Starry Sea Investment Limited for $2.47M.
- Units trade on Nasdaq Capital Market under SSEAU; ordinary shares and rights under SSEA and SSEAR.
- Appointed Stephen Markscheid, Peter Jianfeng Chen, Liang Kang as independent directors and committee chairs.
- A.G.P./Alliance Global Partners acted as sole book-runner; over-allotment option exercised in full.
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