GalaxyEdge Acquisition, a blank check company targeting long-term growth, filed on Wednesday with the SEC to raise up to $60 million in an initial public offering.
The company plans to raise $60 million by offering 6 million units at $10.00. Each unit consists of one share of common stock and one-seventh of one right to one share of common stock upon the completion of an initial business combination.
GalaxyEdge Acquisition is led by CEO and CFO Ping Zhang, the General Manager of Green Leaf Air Freight. The SPAC plans to target companies within large underpenetrated markets with favorable industry dynamics, with strong management teams, and a defensible market position with sustainable competitive advantage.
Management's previous SPAC Quantumsphere Acquisition (QUMS; -0.3% from $10 offer price) raised $72 million in August 2025, and is pending a combination with Singapore-based online game platform SACH.
The New York, NY-based company was founded in 2025 and plans to list on the Nasdaq under the symbol GLEDU.
