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SPAC: Calisa Acquisition prices $60 million IPO, targeting businesses in Asia

October 21, 2025

Calisa Acquisition, a blank check company targeting businesses in Asia, raised $60 million by offering 6 million units at $10. Each unit consists of one share of common stock and one right to one-tenth of one share upon the completion of an initial business combination.

Calisa Acquisition is led by CEO Hongfei Zhang, the co-founder and Managing Partner of HEY Capital and Managing Partner of Knightsbridge Investment Group, and Chairwoman Na Gai, who serves as the Executive President of Shenzhen Guoxing Capital. The SPAC plans to target businesses in Asia.

Calisa Acquisition plans to list on the Nasdaq under the symbol ALISU. EarlyBirdCapital acted as sole bookrunner on the deal.