Miluna Acquisition, a blank check company targeting businesses with growth potential, raised $60 million by offering 6 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50.
Miluna Acquisition is led by CEO and Director Shang Ju Lin, who currently serves as a Partner at LBank Labs. While it has not selected a target industry or geography, the SPAC plans to focus on businesses with high revenue growth or significant growth potential, and key technologies and attractive competitive position, among other characteristics.
Miluna Acquisition plans to list on the Nasdaq under the symbol MMTXU. D. Boral Capital and Arc Group Securities acted as joint bookrunners on the deal.
