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SPAC · Liquidated

Sagaliam Acquisition Corp

Business combination with Virogentics Inc. and Biogenysis, Inc.

Sagaliam Acquisition Corp is a blank-check company (SPAC) that raised $100M in its initial public offering on Dec 22, 2021, listing on Nasdaq Global Market. It did not complete a business combination and liquidated around Sep 15, 2023, returning the trust to public shareholders. EF Hutton led the IPO, with Benchmark. Mayer Brown advised the SPAC and Loeb & Loeb advised the underwriters on the IPO.

Status
Liquidated
IPO date
Dec 22, 2021
IPO size
$100M
IPO exchange
Nasdaq Global Market
Target
Virogentics Inc. and Biogenysis, Inc.
IPO underwriters
EF Hutton and Benchmark
SPAC counsel (IPO)
Mayer Brown
Underwriters' counsel (IPO)
Loeb & Loeb

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