CCIS Acquisition, a blank check company targeting middle-market growth businesses, withdrew its plans for an initial public offering on Friday. It had filed to raise $60 million by offering 6 million units at $10. Each unit consisted of one share of common stock and one right to receive one-tenth of one ordinary share.
The Hong Kong-based company was founded in 2023. It had planned to list on the Nasdaq under the symbol CCACU. Benjamin Securities was set to be the sole bookrunner on the deal.
