Core Points - Wintergreen Acquisition Corp. has successfully closed its initial public offering (IPO) of 5,595,000 units, generating gross proceeds of $55,950,000 at a price of $10.00 per unit [1][3] - The units began trading on the Nasdaq Capital Market under the ticker symbol "WTGUU" on May 29, 2025, with each unit consisting of one ordinary share and one right [2] - The company plans to utilize the net proceeds from the offering to acquire a business in the technology, media, and telecommunications sectors, focusing on the Asia Pacific region, including Greater China [4][8] Financial Details - A total of $56,089,875 was placed into a trust account in the United States, which includes proceeds from the IPO and a private placement of 253,875 units to the sponsor, MACRO DREAM Holdings Limited, for $2,538,750 [3] - The public unit price was effectively $10.025 after accounting for the private placement [3] Legal and Regulatory Information - The registration statement for the offering was filed with the SEC and declared effective on May 28, 2025 [5] - Legal counsel for the IPO included Concord & Sage P.C. for U.S. matters and Ogier for Cayman Islands matters [5]
Wintergreen Acquisition Corp. Announces the Closing of its Initial Public Offering and Partial Exercise of Underwriter’s Over-Allotment Option to Purchase Additional Units
Globenewswire·2025-05-30 20:30