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Gobi Acquisition Priced, Nasdaq: GOBI

Blank check company formed by PAG Group targeting businesses with strong APAC connections (liquidated).

Industry: SPAC

Latest Trade: $10.00 0.00 (0.0%)

First Day Return: -0.9%

Return from IPO: 0.0%

Industry: SPAC

We are a blank check company. Our sponsor is an affiliate of PAG, one of Asia's largest private investment management groups. Given PAG's investment capabilities, we believe our team has the required investment, operational, due diligence and capital raising resources to execute a business combination with an attractive target and to position it for long-term success in the public markets. We may pursue an initial business combination target in any industry, sector, geography, or stage of corporate evolution. We will pursue an initial business combination with an established business with scale, attractive growth prospects and sustainable competitive advantages. We believe there is a large universe of such businesses that could benefit from a public listing, and that we will be able to offer a differentiated and compelling value proposition to them. Our business strategy is to identify and complete our initial business combination with a company with strong growth potential that has a strong connection to Asia Pacific. We are sector agnostic and opportunistic, and intend to identify, acquire and build a company in an industry or sector that complements the managerial and operational experience of our management team and can benefit from our operational expertise.
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IPO Data
IPO File Date 06/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/28/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Goldman Sachs (Asia)
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Company Data
Headquarters Hong Kong, China
Founded 2021
Employees 1
Website www.pag.com/en

Gobi Acquisition (GOBI) Performance