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BLNGU

Closed

Belong Acquisition Corp Unit

10.2503
0.0000 (0.00%)
Last Update: 04 Aug 2023 16:30:00
Yesterday: 10.2503
Day's Range: 10.2503 - 10.2503
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When Written:
 
10.06
Belong Acquisition Corp is a Special Purpose Acquisition Company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses or entities. The company went public in December 2020 and raised $150 million in its initial public offering (IPO).

Each unit of Belong Acquisition Corp consists of one share of common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of common stock at a price of $11.50 per share. The units trade on the NASDAQ under the ticker symbol "BLNGU."

The company is led by CEO and Chairman Harry You, who has over 20 years of experience in private equity and investment banking. The management team also includes several other experienced professionals in the finance and investment industry.

Belong Acquisition Corp has not yet announced any specific merger or acquisition targets, but the company has stated that it intends to focus on businesses in the technology, media, and telecommunications sectors.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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