Ogier in Hong Kong advises Peace Acquisition Corp in US$60 million Nasdaq IPO

Ogier's Corporate team in Hong Kong acted as Cayman Islands counsel to Peace Acquisition Corp on its US$60 million initial public offering on Nasdaq. 

The special purpose acquisition company (SPAC), which is incorporated in the Cayman Islands, completed its initial public offering (IPO) of 6,000,000 units on 26 May 2026. Each unit consisted of one ordinary share, one right to receive one fifth of one ordinary share upon the company’s completion of an initial business combination and one warrant entitling its holder to purchase one ordinary share for US$11.50 per share, subject to adjustment, at an offering price of US$10 per unit.
 
The units issued by the company started trading on the Nasdaq Global Market under the ticker symbol PECEU. EarlyBirdCapital Inc acted as the book-running manager for the offering. 
 
Ogier's Corporate partner Florence Chan led the team, with support from the firm's global head of Corporate, Nathan Powell and legal manager, Anna Cheung.
 
Ogier is a leading adviser in the SPAC market and regularly supports clients across the full SPAC lifecycle, from IPO through to de-SPAC.

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