SPAC · Merger completed
Alset Capital Acquisition Corp.
Business combination with HWH International Inc.
Alset Capital Acquisition Corp. is a blank-check company (SPAC) that raised $75M in its initial public offering on Feb 2, 2022, listing on Nasdaq Global Market. It completed its business combination with HWH International Inc. on Jan 9, 2024; the combined company is HWH International Inc. (HWH). Hong Yuan led the IPO, with Publicly Listed Acquisition Company and Alset EHome International. Sichenzia Ross Ference Carmel advised the SPAC and Ortoli Rosenstadt advised the underwriters on the IPO.
HWH International Inc. is a purpose-driven lifestyle company that enables home-based people in the gig economy to create lasting wealth. It is the target of a business combination with Alset Capital Acquisition Corp.
- Status
- Merger completed
- IPO date
- Feb 2, 2022
- IPO size
- $75M
- IPO exchange
- Nasdaq Global Market
- Target
- HWH International Inc. (Nevada)
- Announced
- Sep 12, 2022
- Closed
- Jan 9, 2024
- Combined company
- HWH International Inc. (HWH)
- IPO underwriters
- Hong Yuan, Publicly Listed Acquisition Company, Alset EHome International and Alset International
- SPAC counsel (IPO)
- Sichenzia Ross Ference Carmel
- Underwriters' counsel (IPO)
- Ortoli Rosenstadt
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Feb 2, 2022
- Deal announcement (8-K) Sep 12, 2022
- Press release
- All filings on EDGAR CIK 1897245
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