8i Enterprises Acquisition (JFKKU) Plans to Raise $50 Million in March 27th IPO

8i Enterprises Acquisition (JFKKU) plans to raise $50 million in an IPO on Wednesday, March 27th, IPO Scoop reports. The company plans to issue 5,000,000 shares at a price of $10.00 per share.

The company has a market-cap of $64.7 million.

Chardan acted as the underwriter for the IPO.

8i Enterprises Acquisition provided the following description of their company for its IPO: ”  8i Enterprises Acquisition Corp is a British Virgin Islands business company incorporated as a blank check company 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. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although the Company intends to focus on operating businesses in Asia. “.

8i Enterprises Acquisition was founded in 2019 and has 0 employees. The company is located at 6 Eu Tong Sen Street, #08-13 The Central, Singapore 059817 and can be reached via phone at +65 67880388.

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