LAXXU News

8i Acquisition 2, the second Asia-focused blank check company backed by 8i Capital, raised $75 million by offering 7.5 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the completion of an initial business combination, and one warrant to purchase one-half of a share, exercisable at $11.50. 8i Acquisition is led...read more

8i Acquisition 2, the second Asia-focused blank check company backed by 8i Capital, raised the proposed deal size for its upcoming IPO on Tuesday. The Singapore-based company now plans to raise $75 million by offering 7.5 million units at $10. The company had previously filed to offer 5 million units at the same price. Each unit still consists of one share of common stock, one...read more