Ogier advises A SPAC I Acquisition Corp on US$60 million SPAC IPO

Ogier acted as BVI counsel to A SPAC I Acquisition Corp on its US$60 million initial public offering on NASDAQ. The units issued by the company started trading under the ticker symbol "ASCAU" on NASDAQ on 15 February 2022.

A SPAC I Acquisition Corp is a blank check company incorporated in the British Virgin Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganisation, or similar business combination with one or more businesses. It is the company's intention to pursue prospective targets that are based in the United States and/or Asia (excluding China) with a focus in the technology, media and telecom (TMT) sector.

The Ogier team in Hong Kong was led by counsel Rachel Huang with support from the firm’s global head of Corporate, Nathan Powell.

Ogier is a leading provider of legal and corporate administration services to SPACs and other public issuers domiciled in both the Cayman Islands and the British Virgin Islands.