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SPAC · Merger completed

Bukit Jalil Global Acquisition 1 Ltd.

Business combination with Global IBO Group Ltd

Bukit Jalil Global Acquisition 1 Ltd. is a blank-check company (SPAC) that raised $50M in its initial public offering on Jun 28, 2023, listing on Nasdaq. It completed its business combination with Global IBO Group Ltd on May 7, 2025; the combined company is GIBO Holdings Limited (GIBO). A.G.P. led the IPO, with Brookline and Arcadia. Robinson & Cole advised the SPAC and Sichenzia Ross Ference Carmel advised the underwriters on the IPO.

Status
Merger completed
IPO date
Jun 28, 2023
IPO size
$50M
IPO exchange
Nasdaq
Target
Global IBO Group Ltd (GIBO)
Announced
Jan 27, 2025
Closed
May 7, 2025
Combined company
GIBO Holdings Limited (GIBO)
IPO underwriters
A.G.P., Brookline and Arcadia
SPAC counsel (IPO)
Robinson & Cole and Maples and Calder
Underwriters' counsel (IPO)
Sichenzia Ross Ference Carmel

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