AEI CapForce II Investment, a Kuala Lumpur-based special purpose acquisition company (SPAC) that targets the “new economy” in Asia, has officially filed to raise up to $100 million in an initial public offering (IPO) in the US.
In its filing with the US Securities and Exchange Commission (SEC), the blank cheque firm said it is offering 10 million units at $10 apiece, with each unit consisting of one Class A ordinary share, one redeemable warrant, and one right to receive one-tenth of a share upon completion of an initial business combination.