Overview
- TickerALIS on Nasdaq1
- IndustryServices-Computer Processing & Data Preparation1
- HeadquartersNew York, New York1
- Incorporated inCayman Islands2
- Business address205 W 37Th St, New York, Ny 100182
- Filer category, Emerging growth company2
See how the biggest companies compare on our leaderboards
The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $60,000,000.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 1 fiscal year, latest first.4
| Period ending | 2025-12-31 |
|---|---|
| Formation and operating costs | -$190.6K |
| Loss from operations | -$190.6K |
| Bank interest income | $6.8K |
| Interest earned on cash and investments held in Trust Account | $429.2K |
| Total other income | $436.0K |
| Net income (loss) | $245.5K |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $459.0K | $1.5K |
| Deferred offering costs | $214.9K | |
| Prepaid expenses | $129.2K | $4.3K |
| Total Current Assets | $588.2K | $220.6K |
| Cash and investments held in trust account | $60.4M | |
| Total Assets | $61.0M | $220.6K |
| Accrued offering costs | $79.0K | $21.8K |
| Due to related party | $90.3K | |
| Total Current Liabilities | $85.2K | $147.1K |
| Total Liabilities | $85.2K | $147.1K |
| Ordinary shares subject to possible redemption 6,000,000 and 0 shares at a redemption value of $10.07 and $0 per share as of December 31, 2025 and 2024, respectively | $60.4M | |
| Ordinary shares, $0.000075 par value; 266,666,666 shares authorized; 2,427,500 and 2,433,333 shares issued and outstanding as of December 31, 2025 and 2024, respectively(excluding 6,000,000 shares subject to redemption) | $182 | $183 |
| Additional paid-in capital | $336.8K | $152.8K |
| Retained earnings (Accumulated deficit) | $166.0K | -$79.4K |
| Total Shareholders Equity | $503.0K | $73.6K |
| Total Liabilities and Shareholders Equity | $61.0M | $220.6K |
| Temporary equity, shares outstanding | 6.0M shares | 0 shares |
| Temporary equity, price per share | $10.07 | $0.00 |
| Preference shares, par value | $0.00 | $0.00 |
| Preference shares, shares authorized | 2.7M shares | 2.7M shares |
| Preference shares, shares issued | 0 shares | 0 shares |
| Preference shares, shares outstanding | 0 shares | 0 shares |
| Ordinary shares, par value | $0.00 | $0.00 |
| Ordinary shares, shares authorized | 266.7M shares | 266.7M shares |
| Ordinary shares, shares issued | 2.4M shares | 2.4M shares |
| Ordinary shares, shares outstanding | 2.4M shares | 2.4M shares |
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $459.0K | $1.5K |
| Deferred offering costs | $214.9K | |
| Prepaid expenses | $129.2K | $4.3K |
| Total Current Assets | $588.2K | $220.6K |
| Cash and investments held in trust account | $60.4M | |
| Total Assets | $61.0M | $220.6K |
| Accrued offering costs | $79.0K | $21.8K |
| Due to related party | $90.3K | |
| Total Current Liabilities | $85.2K | $147.1K |
| Total Liabilities | $85.2K | $147.1K |
| Ordinary shares subject to possible redemption 6,000,000 and 0 shares at a redemption value of $10.07 and $0 per share as of December 31, 2025 and 2024, respectively | $60.4M | |
| Ordinary shares, $0.000075 par value; 266,666,666 shares authorized; 2,427,500 and 2,433,333 shares issued and outstanding as of December 31, 2025 and 2024, respectively(excluding 6,000,000 shares subject to redemption) | $182 | $183 |
| Additional paid-in capital | $336.8K | $152.8K |
| Retained earnings (Accumulated deficit) | $166.0K | -$79.4K |
| Total Shareholders Equity | $503.0K | $73.6K |
| Total Liabilities and Shareholders Equity | $61.0M | $220.6K |
| Temporary equity, shares outstanding | 6.0M shares | 0 shares |
| Temporary equity, price per share | $10.07 | $0.00 |
| Preference shares, par value | $0.00 | $0.00 |
| Preference shares, shares authorized | 2.7M shares | 2.7M shares |
| Preference shares, shares issued | 0 shares | 0 shares |
| Preference shares, shares outstanding | 0 shares | 0 shares |
| Ordinary shares, par value | $0.00 | $0.00 |
| Ordinary shares, shares authorized | 266.7M shares | 266.7M shares |
| Ordinary shares, shares issued | 2.4M shares | 2.4M shares |
| Ordinary shares, shares outstanding | 2.4M shares | 2.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 1 fiscal year, latest first.4
| Period ending | 2025-12-31 |
|---|---|
| Net income (loss) | $245.5K |
| Interest earned on cash and investments held in Trust Account | -$429.2K |
| Prepaid expense | -$124.9K |
| Accrued expenses related party | -$3.8K |
| Accrued expenses | -$24.9K |
| Accrued offering costs | $50.8K |
| CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES | -$286.5K |
| Cash deposited into Trust account | -$60.0M |
| CASH USED IN INVESTING ACTIVITIES | -$60.0M |
| Proceeds from due to related party | $122.7K |
| Repayments of due to related party | -$262.4K |
| Proceeds from sale of public units | $60.0M |
| Proceeds from private placement units | $2.5M |
| Payment of offering costs | -$1.6M |
| Proceeds from issuance of EBC Founders Share | $454 |
| CASH PROVIDED BY FINANCING ACTIVITIES | $60.7M |
| NET INCREASE IN CASH | $457.6K |
| Deferred offering costs paid by related party | $49.4K |
| Deferred offering costs charged to additional paid-in capital | $2.0M |
| Subsequent measurement of ordinary shares subject to possible redemption | $429.2K |
| Forfeiture of founder shares | $23 |
No quarter-by-quarter statement was filed.
Corporate structure
Calisa Acquisition Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Calisa Acquisition Corp
- Barclays Filed SCHEDULE 13G on Calisa Acquisition Corp, latest May 14, 2026
- Karpus Management, Inc. Filed SCHEDULE 13G on Calisa Acquisition Corp, latest Feb 13, 2026
- Dahe Zhang Filed SCHEDULE 13D on Calisa Acquisition Corp, latest Oct 28, 2025
- Na Gai Filed SCHEDULE 13D on Calisa Acquisition Corp, latest Oct 28, 2025
- Calisa Acquisition Corp New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Calisa Acquisition Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $459.0K4 Dec 31, 2025 | $1.5K4 Dec 31, 2024 | +30770.7% |
Properties, in its own words
Our executive offices are located at 205 West 37th Street, New York, New York 10018, and our telephone number is (203) 998-5540. Pursuant to an Administrative Services Agreement, until the completion of our initial Business Combination or liquidation, we will pay a monthly fee of $10,000 to Calisa Holding LP for office space, secretarial and administrative services. We consider our current office space, combined with the other office space otherwise available to our executive officers, adequate for our current operations.
Item 2 of the 10-K filed Mar 25, 2026.3
Leadership
Who has led Calisa Acquisition Corp, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerHongfei Zhang Oct 21, 2025 to now7
- ChairNa Gai Oct 21, 2025 to now8
Board members and other officers (1)
- Board memberLawrence W. Leighton Oct 21, 2025 to now9
Timeline
- Oct 13, 20268-K Entered a material agreement10
- Oct 8, 20268-K Shareholder vote11
- Oct 6, 20268-K Regulation FD disclosure12
- Sep 21, 20268-K Entered a material agreement13
- Aug 4, 20268-K Entered a material agreement; Unregistered sale of shares14
- Jul 31, 20268-K Regulation FD disclosure15
- Jul 17, 20268-K Regulation FD disclosure16
- Jul 13, 20268-K Regulation FD disclosure17
- May 6, 20268-K Entered a material agreement; Unregistered sale of shares18
- May 4, 20268-K Listing notice or transfer19
- Mar 9, 20268-K Entered a material agreement; Regulation FD disclosure20
- Jan 26, 20268-K Regulation FD disclosure21
- Oct 21, 2025New chief executive Hongfei Zhang becomes CEO7
Filings
69 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 16 major events, 11 insider forms, 4 large holders, 34 other. The latest 20:
- Oct 13, 20268-K EDGAR
- Oct 8, 20268-K EDGAR
- Oct 6, 2026425 EDGAR
- Oct 6, 20268-K EDGAR
- Sep 21, 2026425 EDGAR
- Sep 21, 20268-K EDGAR
- Sep 11, 2026EFFECT EDGAR
- Sep 11, 2026424B3 EDGAR
- Sep 4, 2026S-4/A EDGAR
- Aug 31, 2026S-4/A EDGAR
- Aug 17, 2026S-4/A EDGAR
- Aug 7, 202610-Q EDGAR
- Aug 4, 2026425 EDGAR
- Aug 4, 20268-K EDGAR
- Jul 31, 2026425 EDGAR
- Jul 31, 20268-K EDGAR
- Jul 17, 2026425 EDGAR
- Jul 17, 20268-K EDGAR
- Jul 13, 2026S-4/A EDGAR
- Jul 13, 2026425 EDGAR
The 69 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BarclaysSCHEDULE 13G, 1 filing May 14, 202622
- Karpus Management, Inc.SCHEDULE 13G, 1 filing Feb 13, 202623
- Dahe ZhangSCHEDULE 13D, 1 filing Oct 28, 202524
- Na GaiSCHEDULE 13D, 1 filing Oct 28, 202525
SEC filer profile
How Calisa Acquisition Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCalisa Acquisition Corp1
- CIK0002026767
- Employer ID (EIN)00-00000003
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inCayman Islands3
- Fiscal year endsDecember 311
- Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address205 W 37Th St, New York, NY 100181
- Phone203-998-55401
- Shares outstanding8,427,500 as of Aug 7, 20266
- Public float$0 as of Jun 30, 20254
- AuditorMaloneBailey, LLP, Houston, Texas PCAOB ID 206; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceJun 28, 20241
- Filings69 in all: 8-K (15), 425 (9), 3 (7), S-4/A (5), S-1/A (4), UPLOAD (4), 10-Q (3), CORRESP (3)1
All 23 form types
3/A (2), 4 (2), SCHEDULE 13D (2), SCHEDULE 13G (2), 10-K (1), 424B3 (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DRS (1), DRS/A (1), EFFECT (1), S-1 (1), S-4 (1)
- Latest filingsAnnual report (10-K) Mar 25, 2026
Quarterly report (10-Q) Aug 7, 2026
Latest 8-K (8-K) Oct 13, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one ordinary share and one right | ALISU | Nasdaq |
| Ordinary Shares, par value $0.000075 per share | ALIS | Nasdaq |
| Rights, each entitling the holder to one-tenth of one ordinary share upon the completion of the Company’s initial business combination | ALISR | Nasdaq |
From the cover page of the 10-K filed Mar 25, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks Calisa Acquisition Corp names in Item 1A of its 10-K filed Mar 25, 2026: 76 risks under these headings, as written.3
- Additionally, if we consummate our initial business combination with Goodvision, we will be subject to the risks facing such company, which risks would be disclosed in the Form S-4.
- Risks Related to our Search for, Consummation of, or Inability to Consummate, a Business Combination
- We are a Cayman Islands exempted company with no operating history and no revenues, and you have no basis on which to evaluate our ability to achieve our business objective.
- Our independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.”
- Our public shareholders may not be afforded an opportunity to vote on our proposed business combination, which means we may complete our initial business combination even though a majority of our public shareholders do not support such a combination.
- If we seek shareholder approval of our initial business combination, our initial shareholders have agreed to vote in favor of such initial business combination, regardless of how our public shareholders vote.
- Your only opportunity to affect the investment decision regarding a potential business combination will be limited to the exercise of your right to redeem your shares from us for cash, unless we seek shareholder approval of the business combination.
- The ability of our public shareholders to redeem their shares for cash may make our financial condition unattractive to potential business combination targets, which may make it difficult for us to enter into a business combination with a target.
- The ability of our public shareholders to exercise redemption rights with respect to a large number of our shares may not allow us to complete the most desirable business combination or optimize our capital structure.
- The ability of our public shareholders to exercise redemption rights with respect to a large number of our shares could increase the probability that our initial business combination would be unsuccessful and that you would have to wait for liquidation in order to redeem your shares.
- Our search for a business combination, and any target business with which we ultimately consummate a business combination, may be materially adversely affected by new outbreaks, or continuation of any existing outbreaks, of any infectious disease (such as COVID-19) and other events, and the status of debt and equity markets.
- As the number of special purpose acquisition companies evaluating targets increases, attractive targets may become scarcer and there may be more competition for attractive targets. This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate an initial business combination.
The other 64 risks
- If our initial business combination involves a company organized under the laws the United States, any state thereof or the District of Columbia, it is possible a 1% U.S. federal excise tax will be imposed on us in connection with redemptions of our ordinary shares after or in connection with such initial business combination.
- Changes in the market for directors and officers liability insurance could make it more difficult and more expensive for us to negotiate and complete an initial business combination.
- The requirement that we complete our initial business combination within the prescribed time frame may give potential target businesses leverage over us in negotiating a business combination and may decrease our ability to conduct due diligence on potential business combination targets as we approach our dissolution deadline, which could undermine our ability to complete our initial business combination on terms that would produce value for our shareholders.
- We may not be able to complete our initial business combination within the prescribed time frame, in which case we would cease all operations except for the purpose of winding up and we would redeem our public shares and liquidate, in which case our public shareholders may only receive $10.00 per share, or less than such amount in certain circumstances, and our rights will expire worthless.
- If we seek shareholder approval of our initial business combination, our initial shareholders and their affiliates may elect to purchase shares or rights from public shareholders, which may make it more likely that we are able to consummate such initial business combination or reduce the public “float” of our ordinary shares or rights.
- If a shareholder fails to receive notice of our offer to redeem our public shares in connection with our initial business combination, or fails to comply with the procedures for tendering its shares, such shares may not be redeemed.
- You will not have any rights or interests in funds from the trust account, except under certain limited circumstances. To liquidate your investment, therefore, you may be forced to sell your public shares or rights, potentially at a loss.
- If we seek shareholder approval of our initial business combination and we do not conduct redemptions pursuant to the tender offer rules, and if you or a “group” of shareholders are deemed to hold in excess of 15% of our ordinary shares, you will lose the ability to redeem all such shares in excess of 15% of our ordinary shares.
- Because of our limited resources and the significant competition for business combination opportunities, it may be more difficult for us to complete our initial business combination. If we are unable to complete our initial business combination, our public shareholders may receive only approximately $10.00 per share on our redemption of our public shares, or less than such amount in certain circumstances, and our rights will expire worthless.
- If the net proceeds of the offering and the sale of the private units not being held in the trust account are insufficient to allow us to operate until April 23, 2027, we may be unable to complete our initial business combination, in which case our public shareholders may only receive $10.00 per share, or less than such amount in certain circumstances, and our rights will expire worthless.
- We do not have a specified maximum redemption threshold. The absence of such a redemption threshold may make it possible for us to complete a business combination with which a substantial majority of our shareholders do not agree.
- If third parties bring claims against us, the proceeds held in the trust account could be reduced and the per-share redemption amount received by shareholders may be less than $10.00 per share.
- Our independent directors may decide not to enforce the indemnification obligations of our sponsors, resulting in a reduction in the amount of funds in the trust account available for distribution to our public shareholders.
- If, after we distribute the proceeds in the trust account to our public shareholders, we file a bankruptcy petition or an involuntary bankruptcy petition is filed against us that is not dismissed, a bankruptcy court may seek to recover such proceeds, and we and our board may be exposed to claims of punitive damages.
- If, before distributing the proceeds in the trust account to our public shareholders, we file a bankruptcy petition or an involuntary bankruptcy petition is filed against us that is not dismissed, the claims of creditors in such proceeding may have priority over the claims of our shareholders and the per-share amount that would otherwise be received by our shareholders in connection with our liquidation may be reduced.
- Our shareholders may be held liable for claims by third parties against us to the extent of distributions received by them upon redemption of their shares.
- Because we are not limited to a particular industry, sector, or geographic region in which to pursue our initial business combination, you will be unable to ascertain the merits or risks of any particular target business’ operations.
- We may seek acquisition opportunities in industries or sectors which may be outside of our management’s area of expertise.
- We are not required under the securities laws or Nasdaq listing requirements to obtain an opinion from an independent investment banking firm or from an independent accounting firm, and consequently, you may have no assurance from an independent source that the price we are paying for the business is fair to our company from a financial point of view.
- Resources could be wasted in researching acquisitions that are not completed, which could materially adversely affect subsequent attempts to locate and acquire or merge with another business. If we are unable to complete our initial business combination, our public shareholders may receive only approximately $10.00 per share, or less than such amount in certain circumstances, on the liquidation of our trust account and our rights will expire worthless.
- We may attempt to simultaneously complete business combinations with multiple prospective targets, which may hinder our ability to complete our initial business combination and give rise to increased costs and risks that could negatively impact our operations and profitability.
- We may have a limited ability to assess the management of a prospective target business and, as a result, may complete our initial business combination with a target business whose management may not have the skills, qualifications or abilities to manage a public company, which could, in turn, negatively impact the value of our shareholders’ investment in us.
- If we complete a business combination with a single target business, we may be solely dependent on such single business which may have a limited number of products or services. This lack of diversification may negatively impact our operations and profitability.
- Our ability to complete a business combination may be impacted by the fact that certain of our sponsors’ limited partners are non-U.S. persons, and a majority of our officers and directors are located in, or have significant ties to, China. This may make us a less attractive partner to potential target companies outside the PRC, thereby limiting our pool of acquisition candidates and making it harder for us to complete an initial business combination with a non-China-based target company.
- Risks Related to Our Securities
- Nasdaq may delist our securities from trading on its exchange, which could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions.
- We may issue additional ordinary shares or preference shares to complete our initial business combination or under an employee incentive plan after completion of our initial business combination. Any such issuances would dilute the interest of our shareholders and likely present other risks.
- We may issue notes or other debt securities, or otherwise incur substantial debt, to complete a business combination, which may adversely affect our leverage and financial condition and thus negatively impact the value of our shareholders’ investment in us.
- The grant of registration rights to our initial shareholders and EBC may make it more difficult to complete our initial business combination, and the future exercise of such rights may adversely affect the market price of our ordinary shares.
- Our initial shareholders paid an aggregate of $25,000 for the founder shares, or approximately $0.011 per founder share. As a result of this low initial price, our initial shareholders stand to make a substantial profit even if an initial business combination subsequently declines in value or is unprofitable for our public shareholders.
- We may amend the terms of the rights in a manner that may be adverse to holders with the approval by the holders of at least a majority of the then outstanding rights.
- Our rights may have an adverse effect on the market price of our ordinary shares and make it more difficult to complete our initial business combination.
- Because we must furnish our shareholders with target business financial statements, we may lose the ability to complete an otherwise advantageous initial business combination with some prospective target businesses.
- Risks Related to Our Management
- Our ability to successfully complete our initial business combination and to be successful thereafter will be totally dependent upon the efforts of members of our management team, some of whom may join us following our initial business combination. The loss of such people could negatively impact the operations and profitability of our post-combination business.
- Members of our management team may negotiate employment or consulting agreements with a target business in connection with a particular business combination. These agreements may provide for them to receive compensation following our initial business combination and as a result, may cause them to have conflicts of interest in determining whether a particular business combination is the most advantageous.
- Our officers and directors may allocate their time to other businesses and may become officers or directors of other special purpose acquisition companies, thereby causing conflicts of interest in their determination as to how much time to devote to our affairs and whether to present a target to us instead of our competitors. This conflict of interest could have a negative impact on our ability to complete our initial business combination.
- Our initial shareholders and their respective affiliates may have competitive pecuniary interests that conflict with our interests.
- We may engage in a business combination with one or more target businesses that have relationships with entities that may be affiliated with our initial shareholders which may raise potential conflicts of interest.
- Since our initial shareholders will lose their entire investment in us if our initial business combination is not completed, a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination.
- Our initial shareholders and other insiders may exert a substantial influence on actions requiring a shareholder vote, potentially in a manner that you do not support.
- Post Business Combination Risks
- Subsequent to the completion of our initial business combination, we may be required to take write-downs or write-offs, restructuring and impairment or other charges that could have a significant negative effect on our financial condition, results of operations and our share price, which could cause you to lose some or all of your investment.
- The combined company’s success will ultimately depend upon market acceptance of its products and services, its ability to develop and commercialize existing and new products and services and generate revenues, and its ability to identify new markets for its technology.
- If the combined company fails to adapt and respond effectively to rapidly changing technology, evolving industry standards, changing regulations and payment methods, demand for product enhancements, new product features, and changing business needs, requirements or preferences, its products may become less competitive.
- Technology platforms may not operate properly or as we expect them to operate.
- New or changing technologies could cause a disruption in the combined company’s business model, which may materially impact its results of operations and financial condition.
- We may face additional and distinctive risks if we enter into a business combination with a business in certain industries, such as technology.
- Risks Related to Acquiring and Operating a Business Outside of the United States
- We may effect a business combination with a company located outside of the United States and if we do, we would be subject to a variety of additional risks that may negatively impact our business operations and financial results.
- Because of the costs and difficulties inherent in managing cross-border business operations, the combined company’s results of operations may be negatively impacted.
- If social unrest, acts of terrorism, regime changes, changes in laws and regulations, political upheaval, or policy changes or enactments occur in a country in which we may operate after we effect our initial business combination, it may result in a negative impact on the combined company’s business.
- Many countries have difficult and unpredictable legal systems and underdeveloped laws and regulations that are unclear and subject to corruption and inexperience, which may adversely impact our results of operations and financial condition.
- If we effect a business combination with a company located outside of the United States, the laws applicable to such company will likely govern all of the combined company’s material agreements and it may not be able to enforce its legal rights.
- If relations between the United States and foreign governments deteriorate, it could cause potential target businesses or their goods and services to become less attractive.
- If any dividend is declared in the future by the combined company and paid in a foreign currency, you may be taxed on a larger amount in U.S. dollars than the U.S. dollar amount that what you actually receive.
- If the combined company’s management following our initial business combination is unfamiliar with United States securities laws, they may have to expend time and resources becoming familiar with such laws, which could lead to various regulatory issues.
- Currency policies may cause a target business’ ability to succeed in the international markets to be diminished.
- Many of the economies in Asia are experiencing substantial inflationary pressures which may prompt the governments to take action to control the growth of the economy and inflation that could lead to a significant decrease in our profitability following our initial business combination.
- Many industries in Asia are subject to government regulations that limit or prohibit foreign investments in such industries, which may limit the potential number of acquisition candidates.
- If a country in Asia enacts regulations in industry segments that forbid or restrict foreign investment, our ability to consummate our initial business combination could be severely impaired.
- If we effect our initial business combination with a PRC Target Company, we may be subject to certain risks associated with acquiring and operating businesses in the PRC.
- Our potential future subsidiaries and affiliated entities or acquisitions of offshore entities that conduct operations through affiliates in the PRC may be subject to a high level of scrutiny by the relevant tax authorities.
- PRC regulations relating to offshore investment activities by PRC residents may limit the combined company’s ability to inject capital in its Chinese subsidiaries and Chinese subsidiaries’ ability to change their registered capital or distribute profits to the combined company or otherwise expose the combined company or its PRC resident beneficial owners to liability and penalties under PRC laws.
- Compliance with the PRC Antitrust law may limit our ability to effect our initial business combination.
- We may be restricted or prevented from using the proceeds of the offering to acquire a target company in PRC and to utilize our cash flow effectively following our initial business combination, if we or the combined company fail to stay in compliance with relevant PRC foreign exchange regulations. Our substantial ties to China coupled with the existing and any new PRC laws or regulations on cash flows may affect our initial business combination and shareholders adversely.
- If we choose to acquire a PRC Target Company, our initial business combination may be subject to national security review by the PRC government, and we may have to spend additional resources and incur additional time delays to complete any such business combination or be prevented from pursuing certain investment opportunities.
- Our initial business combination may be subject to a variety of PRC laws and other obligations regarding cybersecurity and data protection, and we may have to spend additional resources and incur additional time delays to complete any such business combination or be prevented from pursuing certain investment opportunities.
Legal proceedings
There is no material litigation, arbitration or governmental proceeding currently pending against us or any members of our management team in their capacity as such.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8SEC EDGARNa Gai, Chair
- 9SEC EDGARLawrence W. Leighton, Board member
- 10SEC EDGAREntered a material agreement
- 11SEC EDGARShareholder vote
- 12SEC EDGARRegulation FD disclosure
- 13SEC EDGAREntered a material agreement
- 14
- 15SEC EDGARRegulation FD disclosure
- 16SEC EDGARRegulation FD disclosure
- 17SEC EDGARRegulation FD disclosure
- 18
- 19SEC EDGARListing notice or transfer
- 20
- 21SEC EDGARRegulation FD disclosure
- 22
- 23
- 24
- 25