Broad Capital Acquisition Corp
Status: Live Deal
U=S+R
R=S/10
| IPO Proceeds, $M | $101.59M |
|---|---|
| IPO Date | Jan 11, 2022 |
| CEO | Johann Tse |
| Left Lead | Chardan |
| IPO Cash in Trust | 101.0% |
| SPAC Tenor | 12 + 9 + 3 + 12 |
| IPO Sector |
Industrial
General aviation and aerospace industry, and the unmanned aircraft systems (UAS) and advanced air mobility (AAM) industries |
| IPO Geography | Global |
| Target Company | Openmarkets |
| Deal Announced | Jan 19, 2023 |
| Deal Size, $M | $90.00M |
| Deal Sector | Financial |
| Deal Geography | Global |
| SEC Filings | www.sec.gov |
| Approval Vote | TBD |
| Amendment Vote | Jan 8, 2024 |
BRAC
BRACU
BRACR
| Price | $11.67 |
|---|---|
| Last closing price | $11.67 |
| H/L, 52-week | $10.02 / $11.34 |
| Volume, today | 1,000 |
| Volume, 3-month avg. | N/A |
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Sign in for more on Broad Capital Acquisition Corp:
- Structure and cap table
- 6 directors & officers
- 43 filings and events
- 2 underwriters
- 1 deal advisors
- 2 legal advisors
Structure
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Team
| Name | Age | Title |
|---|---|---|
| Johann Tse | 54 | CEO |
| Rongrong “Rita” Jiang | 42 | CFO |
| Nicholas Shao | 49 | Independent Director |
| Wayne Trimmer | 61 | Independent Director |
| Teck-Yong Heng | 47 | Independent Director |
| Keith Adams | 43 | Independent Director |
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Advisors
Underwriters
| Chardan | BR | 9,950,000 | units |
| B. Riley FBR | 50,000 | ||
| 10,000,000 | units | ||
| Up-Front UW fee | 2.00 | % | |
| Deferred UW fee |
3.50 | % |
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