Aurora Technology Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) listed on the Nasdaq under the ticker symbol ATAKW. Established in 2021, the company has no ongoing commercial operations and is focused on identifying and combining with one or more businesses in the technology, media and telecommunications sectors. Aurora Technology Acquisition Corp. holds its proceeds from an initial public offering in a trust account pending completion of a business combination.
The company’s primary objective is to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar transaction with a target operating company. Aurora Technology Acquisition Corp. has a defined period, typically 24 months from its IPO date, to complete a qualifying transaction or else pursue liquidation of its trust assets and return funds to its public shareholders.
Aurora Technology Acquisition Corp. is sponsored by Aurora Capital Partners, a private investment firm with expertise in financial markets, corporate transactions and technology investments. The sponsor team brings experience in deal sourcing, due diligence and post-combination integration, positioning the SPAC to pursue high-growth technology targets primarily in North America.
While the company continues to evaluate potential target companies, it maintains a conservative approach to capital preservation through its trust structure and established governance protocols. Aurora Technology Acquisition Corp. aims to leverage its sponsor’s industry knowledge and transactional track record to deliver value to shareholders through a successful business combination in the technology sector.
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