Each unit consists of one ordinary share, par value $0.0001 per share, of the Company (ordinary share), and one right to receive one-twentieth of one ordinary share. After the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “RFAI” and “RFAIR,” respectively. After the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “RFAI” and “RFAIR,” respectively.
The Company intends to focus its target search on businesses in Asia within the deep technology sector, including artificial intelligence, quantum computing, and biotechnology.
The Appleby corporate team included Partner Simon Raftopoulos and Senior Associate Alexandra Low.