Chinese SPAC Jeneration Acquisition pulls plans for $300M US IPO
By Val Kennedy, Chinese SPAC Jeneration Acquisition (JACAU) has withdrawn plans to hold a US initial public offering to raise $300M for a business combination in the technology sector. The Hong Kong-based SPAC had filed to offer 30M units at $10 per unit. Each unit was to consist of one share plus on-third of one warrant to buy[…]