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Blue World Acquisition Priced, Nasdaq: BWAQ

Blank check company targeting marine-related businesses (pending: Vietnam Sunergy Cell).

Industry: SPAC

Latest Trade: $11.25 0.00 (0.0%)

First Day Return: -0.1%

Return from IPO: +12.5%

Industry: SPAC

We are a blank check exempted company incorporated in the Cayman Islands on July 19, 2021, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “business combination.” The Covid-19 pandemic has created rare opportunities in the marine leisure, cruise, marine infrastructure and engineering, general hospitality, travel and tourism, marine services, logistics and supply chain, offshore energy solutions and related industry segments we intend to focus on. These industries are in various stages of pause, are experiencing significant disruption, challenges and/or going-concerns, and are struggling to reopen globally and to restore the operation and liquidity of all market participants. We are not limited to a particular region for purposes of consummating an initial business combination, however, we may focus on targets that, regardless of geographic location of operations or corporate offices, have viable synergies with the Asia Pacific and the U.S. markets for the above industry segments, either physically or virtually.
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IPO Data
IPO File Date 12/10/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 8.0
Deal Size ($mm) $80
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/31/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 8.0
Deal Size ($mm) $80
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees 3

Blue World Acquisition (BWAQ) Performance