Oak Woods Acquisition (NASDAQ: OAKUU) has closed on its initial public offering of 5,750,000 units at $10 per unit; the closing included 750,000 units issued based on the full exercise by the underwriters of the outlined overallotment option. The units, which are listed on NASDAQ, began trading on March 24, 2023, under the ticker symbol OAKUU. According to the announcement, each unit is comprised of one Class A ordinary share, one redeemable warrant and one right to receive one-sixth of a Class A ordinary share upon the consummation of an initial business combination. The announcement noted that once the securities comprising the units begin separate trading, the Class A ordinary shares, rights and warrants will be traded on Nasdaq under the symbols OAKU, OAKUR and OAKUW, respectively.
To view the full press release, visit https://nnw.fm/KQR6a
About Oak Woods Acquisition Corporation Unit
Oak Woods Acquisition is a newly organized blank check company incorporated as a Cayman Islands-exempted company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although the company is not limited to a particular industry or geographic region for purposes of consummating an initial business combination, it intends to focus on businesses that have their primary operations in the technology-enabled healthcare services industry located in the Asia-pacific region.
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
NetworkNewsWire is part of the InvestorBrandNetwork.