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VinFast Auto (Black Spade Acquisition) Priced, NYSE: VFS

Blank check company targeting the entertainment industry in China (completed 8/14/2023).

Industry: SPAC

Latest Trade: $4.88 0.00 (0.0%)

First Day Return: -0.2%

Return from IPO: -51.2%

Industry: SPAC

We are a blank check company newly incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets, which we refer to throughout this prospectus as our initial business combination. We are focused on identifying a business combination target that can benefit from the collective network, knowledge and experience of our founder and management team that is related to or in the entertainment industry, with a focus on enabling technology, lifestyle brands, products, or services, and entertainment media (the “Target Sectors”). We believe China’s growing middle class population of more than 350 million people (larger than the entire U.S. population), with its rapidly evolving consumption patterns and increasing spending power, will continue to shape multiple industries in Asia and across the globe. Therefore, while we intend to pursue opportunities globally, we will focus on opportunities with existing or future growth potential underpinned by the transformative consumption forces in Asia, an area in which we believe our founder and management team can contribute significantly with their network, knowledge and experience.
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IPO Data
IPO File Date 06/29/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/15/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
JonesTrading
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Company Data
Headquarters Hong Kong, China
Founded 2021
Employees 3
Website www.blackspadeacquisition.com

VinFast Auto (Black Spade Acquisition) (VFS) Performance