New York, NY, Sept. 19, 2024 (GLOBE NEWSWIRE) -- YHN Acquisition I Limited (the "Company") announced today the closing of its initial public offering of 6,000,000 units at $10.00 per unit (the "Offering"). The aggregate gross proceeds of the Offering are $60 million, prior to deducting underwriting discounts, commissions, and other Offering expenses.
The units are listed on the Nasdaq Global Market ("Nasdaq") and began trading on Wednesday, September 18, 2024, under the ticker symbol "YHNAU". Each unit consists of one ordinary share and one right to receive one-tenth of one ordinary share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols "YHNA" and "YHNAR" respectively.
The Company is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company has ...
