Albert Origin Acquisition, a blank check company formed by Chinese executives targeting North America, Europe, Asia, and Oceania, filed on Tuesday with the SEC to raise up to $60 million in an initial public offering.
The company plans to offer $60 million by offering 6 million units at $10. Each unit consists of one share of common stock and one right to receive one-seventh of a share upon the completion of an initial business combination.
Albert Origin Acquisition is led by CEO and Chairman Bo Yan, the Chairman of Beijing Chengye Fund Management, and CFO and Director Shen Ma, a Partner at Beijing Chengye Fund Management. The SPAC plans to target businesses in North America, Europe, Asia, or Oceania with a strong existing or potential customer base in a large addressable market, products and services necessary to the continuing function of a core economic industry or service, and a recurring revenue model, among other characteristics.
The Beijing, China-based company was founded in 2025 and plans to list on the Nasdaq under the symbol ALOGU. A.G.P. is the sole bookrunner on the deal.
