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Generation Asia I Acquisition Priced, NYSE: GAQ

Blank check company targeting the TMT, business services, or consumer sectors in Asia.

Industry: SPAC

Latest Trade: $11.09 0.00 (0.0%)

First Day Return: -1.2%

Return from IPO: +10.9%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an initial business combination target in any business, industry or geography, we intend to focus our search on a target that is at least partially owned by a financial sponsor(s) with operations or prospective operations in the technology, media & telecommunications (“TMT”), business services, or consumer sectors, which we refer to as the “Target Sectors”, across Asia, in particular North Asia and Southeast Asia. We believe there is a large universe of growth companies and/or companies with stable growth and cash flows that could benefit from a public listing, and that we will be able to offer a differentiated and compelling value proposition to them. Our management and investment team is comprised of 17 veteran investors and operators with over 80 years of combined investment experience, and has had significant success sourcing, acquiring, growing and monetizing these types of companies. Moreover, our directors and advisors have over 140 years of combined operating experience. Given our proven track record, we believe our team has the required investment, transactional and operational expertise to effect a business combination with an attractive target and to position it for long-term success in the public markets.
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IPO Data
IPO File Date 10/22/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/19/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Nomura Securities
Company Data
Headquarters Grand Cayman, Cayman Islands
Founded 2021
Employees 3

Generation Asia I Acquisition (GAQ) Performance