New York, June 27, 2023 (GLOBE NEWSWIRE) -- Bukit Jalil Global Acquisition 1 Ltd. (the "Company"), a blank check company incorporated in the Cayman Islands, today announced the pricing of its initial public offering of 5,000,000 units at a price of $10.00 per unit. Each unit consists of one ordinary share, one-half of one redeemable warrant and one right to receive one-tenth of one ordinary share upon consummation of an initial business combination. Each whole redeemable warrant entitles the holder thereof to purchase one ordinary share at an exercise price of $11.50 per share. The units are expected to trade on The Nasdaq Capital Market ("NASDAQ") under the ticker symbol "BUJAU" beginning June 28, 2023. Once the securities comprising the units begin separate trading, the ordinary shares, warrants and rights are expected to be listed on NASDAQ under the symbols "BUJA," "BUJAW," and "BUJAR," respectively. The offering is expected to close on June 30, 2023, subject to customary closing conditions.
The Company is a blank check company sponsored by Bukit Jalil Global Investment Ltd., a Cayman Islands exempted company, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to identify a prospective target business which will not be limited to a particular industry or geographic location.
A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering.
Brookline Capital Markets, a division of Arcadia Securities, LLC is acting as the co-manager for the offering.
The Company has granted the underwriters a 45-day option to purchase up to 750,000 units at the initial public offering price to cover over-allotments, if any. Robinson & Cole LLP served as the U.S. counsel to Bukit Jalil Global Acquisition 1 Ltd. and Sichenzia Ross Ference LLP served as United States counsel to the representative of the underwriters in this offering.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on June 27, 2023. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. No securities regulatory authority has either approved or disapproved of the contents of this press release.
The offering is being made only by means of a prospectus, copies of which may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com or by visiting EDGAR on the SEC's website at www.sec.gov.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contacts:
Bukit Jalil Global Acquisition 1 Ltd.
Foo Seck Chyn
Chief Executive Officer
+60122109795
neil.foo@bjacquisition.com
紐約,2023 年 6 月 27 日(GLOBE NEWSWIRE)— 在開曼羣島註冊成立的空白支票公司Bukit Jalil Global Acquision 1 Ltd.(“公司”)今天宣佈,其首次公開募股的定價爲500萬套,每單位價格爲10.00美元。每個單位由一股普通股、一份可贖回認股權證的一半和一項在完成初始業務合併後獲得十分之一普通股的權利組成。每份完整的可贖回認股權證的持有人有權以每股11.50美元的行使價購買一股普通股。預計這些單位將從2023年6月28日開始在納斯達克資本市場(“納斯達克”)上市,股票代碼爲 “BUJAU”。一旦構成這些單位的證券開始單獨交易,普通股、認股權證和供股預計將在納斯達克上市,代碼分別爲 “BUJA”、“BUJAW” 和 “BUJAR”。本次發行預計將於2023年6月30日結束,但須遵守慣例成交條件。
該公司是一家空白支票公司,由開曼羣島豁免公司Bukit Jalil Global Investment Ltd. 贊助,其成立目的是與一個或多個企業或實體進行合併、股票交換、資產收購、股票購買、資本重組、重組或類似的業務合併。公司打算確定潛在的目標業務,該業務將不僅限於特定的行業或地理位置。
A.G.P./Alliance Global Partners是此次發行的唯一賬面管理人。
Arcadia Securities, LLC旗下的Brookline Capital Markets擔任此次發行的聯席經理。
公司已授予承銷商45天的期權,以首次公開募股價格購買最多75萬套單位,以彌補超額配股(如果有的話)。Robinson & Cole LLP曾擔任Bukit Jalil Global Acquisition 1 Ltd.的美國法律顧問,Sichenzia Ross Ference LLP在本次發行中擔任承銷商代表的美國法律顧問。
美國證券交易委員會(“SEC”)於2023年6月27日宣佈與這些證券相關的註冊聲明生效。本新聞稿不構成賣出要約或買入要約的邀請,也不得在任何州或司法管轄區出售這些證券,如果此類要約、招標或出售在根據任何此類州或司法管轄區的證券法進行註冊或獲得資格之前是非法的。沒有證券監管機構批准或不批准本新聞稿的內容。
本次發行只能通過招股說明書進行,招股說明書的副本可以從位於紐約州紐約市麥迪遜大道590號28樓的A.G.P./Alliance Global Partners獲得,也可以致電 (212) 624-2060 或發送電子郵件至 prospectus@allianceg.com 或者訪問美國證券交易委員會網站上的 EDGAR www.sec.gov。
前瞻性陳述
本新聞稿包含構成 “前瞻性陳述” 的聲明,包括與首次公開募股和尋找初始業務合併有關的陳述。無法保證上面討論的發行將按照所述條款完成,也無法保證發行的淨收益將按指示使用。前瞻性陳述受許多條件的約束,其中許多條件是公司無法控制的,包括公司向美國證券交易委員會提交的註冊聲明和首次公開募股初步招股說明書的 “風險因素” 部分中規定的條件。副本可在美國證券交易委員會的網站www.sec.gov上查閱。除非法律要求,否則在本新聞稿發佈之日之後,公司沒有義務更新這些聲明以進行修訂或變更。
聯繫人:
Bukit Jalil 全球收購 1 有限公司
Foo Seck Chyn
首席執行官
+60122109795
neil.foo@bjacquisition.com