Shanghai-based SPAC Pomelo Acquisition files for $75m US IPO

Shanghai-based SPAC Pomelo Acquisition files for $75m US IPO

REUTERS/Shannon Stapleton

Pomelo Acquisition, a Shanghai-based blank cheque company led by Kiyohiro Kawayanagi,  the founding partner of Japanese investment firm Bit World Japan, has filed with the US Securities and Exchange Commission (SEC) to raise up to $75 million in an initial public offering (IPO).

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