DUET Acquisition Corp. Announces Closing of Initial Public Offering and Exercise of Over-Allotment Option
DUET Acquisition Corp. Announces Closing of Initial Public Offering and Exercise of Over-Allotment Option
KUALA LUMPUR, MALAYSIA, Jan. 24, 2022 (GLOBE NEWSWIRE) -- DUET Acquisition Corp. (Nasdaq: DUETU) (the "Company") announced today the closing of its initial public offering of 7,500,000 units at $10.00 per unit (the "Offering"). Each unit consists of one of the Company's Class A common stock and one redeemable warrant. Each warrant entitles the holder thereof to purchase one Class A common stock at a price of $11.50 per share. The underwriters exercised their over-allotment option in full for an additional 1,125,000 units at the time of the closing of the Offering. As a result, the aggregate gross proceeds of the Offering, including the over-allotment, is approximately $86.25 million, prior to deducting underwriting discounts, commissions, and other Offering expenses.
馬來西亞吉隆坡，2022年1月24日(環球通訊社)DUET Acquisition Corp.(納斯達克代碼：DUETU)(以下簡稱“本公司”)今天宣佈，其首次公開募股(IPO)以每單位10.00美元的價格結束，發行規模為750萬股(以下簡稱“發售”)。每個單位由一股公司A類普通股和一股可贖回認股權證組成。每份認股權證的持有人有權以每股11.50美元的價格購買一股A類普通股。在發行結束時，承銷商充分行使了超額配售選擇權，獲得了額外的1125,000個單位。因此，在扣除承銷折扣、佣金和其他發售費用之前，包括超額配售在內的發售總收益約為8625萬美元。
The Company's units began trading on the Nasdaq Global Market on January 20, 2022 under the ticker symbol "DUETU." Once the securities comprising the units begin separate trading, the shares of common stock and warrants are expected to be listed on the Nasdaq Global Market under the ticker symbols "DUET" and "DUETW," respectively.
該公司的子公司於2022年1月20日開始在納斯達克全球市場交易，股票代碼為“DUETU”。一旦組成這兩個部門的證券開始單獨交易，普通股和權證的股票預計將分別在納斯達克全球市場上市，股票代碼分別為“DUET”和“DUETW”。
The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on industries that complement its management team's background and capitalize on the ability and experience of its management team. The primary area of consideration will be disruptive change maker technology enterprises that are capitalizing on the digital shift. These "enabling technology companies" encompass a wide spectrum of capabilities from holistic e-commerce, fintech and big data analytics to robotic process automation. The Company is led by Larry Gan Nyap Liou, the Company's Chairman of the Board, and Yeoh Oon Lai and Dharmendra Magasvaran, the Company's Co-Chief Executive Officers.
本公司是一家空白支票公司，其目的是與一家或多家企業進行合併、股本交換、資產收購、股票購買、重組或類似的業務合併。本公司並無選定任何具體業務合併目標，亦無任何人代表本公司直接或間接與任何業務合併目標進行任何實質性磋商。雖然該公司可能會在任何業務或行業追求最初的業務合併目標，但它打算將重點放在與其管理團隊背景互補的行業，並利用其管理團隊的能力和經驗。主要考慮的領域將是正在利用數字轉變的顛覆性變革製造者技術企業。這些“使能科技公司”涵蓋了從整體電子商務、金融科技、大數據分析到機器人流程自動化的廣泛能力。公司由公司董事會主席Larry Gan Nyap Liou以及公司聯席首席執行官楊紫陽和達蘭德拉·馬加斯瓦蘭領導。
EF Hutton, division of Benchmark Investments, LLC, acted as the sole book running manager for the Offering. Nelson Mullins Riley & Scarborough LLP acted as legal counsel to the Company. McDermott Will & Emery LLP acted as counsel to EF Hutton, division of Benchmark Investments, LLC.
基準投資公司(Benchmark Investments，LLC)的部門EF Hutton擔任此次發行的唯一賬簿管理人。Nelson Mullins Riley&Scarborough LLP擔任該公司的法律顧問。McDermott Will&Emery LLP擔任基準投資有限責任公司(Benchmark Investments，LLC)子公司EF Hutton的法律顧問。
The units described above were offered by the Company pursuant to a registration statement on Form S-1 (File No. 333-261494) that was originally filed with the Securities and Exchange Commission ("SEC") on December 3, 2021 and declared effective on January 19, 2022. The Offering was made only by means of a prospectus, copies of which may be obtained, from: EF Hutton, division of Benchmark Investments, LLC, Attn: Syndicate Department, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 404-7002, by fax at (646) 861-4697, or by email at syndicate@efhuttongroup.com.
上述單位由本公司根據最初於2021年12月3日向美國證券交易委員會(“美國證券交易委員會”)提交併於2022年1月19日宣佈生效的S-1表格註冊説明書(第333-261494號文件)提供。此次發售只能通過招股説明書的方式進行，招股説明書的副本可以從以下地點獲得：EF Hutton，Benchmark Investments，LLC，Attn：Syndicate Department，590Madison Ave.，New York 10022，電話：(212)404-7002，傳真：(646)861-4697，或電子郵件：syndicate@efhutthroup.com。
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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
本新聞稿不應構成出售要約或徵求購買要約，也不應在任何州或司法管轄區出售這些證券，在這些州或司法管轄區，根據任何州或司法管轄區的證券法，在註冊或資格登記或資格之前，此類要約、招攬或出售將是非法的。
FORWARD-LOOKING STATEMENTS
前瞻性陳述
This press release contains statements that constitute "forward-looking statements," including with respect to the Company's initial public offering and search for an initial business combination. 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 prospectus for the 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.
本新聞稿包含構成“前瞻性陳述”的陳述，包括與該公司首次公開募股和尋找初始業務合併有關的陳述。前瞻性陳述受許多條件的制約，其中許多條件不是本公司所能控制的，包括本公司提交給美國證券交易委員會的上市登記説明書和招股説明書中風險因素部分闡述的那些條件。副本可以在美國證券交易委員會的網站上找到，Www.sec.gov。除非法律另有要求，否則本公司不承擔在本新聞稿發佈之日後更新這些聲明以進行修訂或更改的義務。
Company Contact:
Larry Gan Nyap Liou
Chairman of the Board
Email: enquiry@duet-corp.com
Phone: +60 3-9201 1087 / +60 11-5695 7895
公司聯繫人：
拉里·甘乃普·劉(Larry Gan Nyap Liou)
董事會主席
電子郵件：query@duet-corp.com
電話：+60 3-9201 1087/+60 11-5695 7895
譯文內容由第三人軟體翻譯。