Oak Woods Acquisition (NASDAQ: OAKUU) is a special purpose acquisition company (SPAC) incorporated in Delaware with the objective of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company completed its initial public offering in early 2021, raising capital through the sale of units, each consisting of one share of common stock and one-half of one redeemable warrant, in order to pursue a target business combination.
As a blank-check vehicle, Oak Woods Acquisition does not engage in any operations other than identifying and evaluating potential acquisition targets. The company has indicated a focus on mid-to-large-market businesses in the United States and other developed markets, with particular emphasis on sectors such as technology, consumer products, and industrial growth companies. Its management team seeks opportunities where it can leverage capital markets expertise to support strategic growth and expansion.
Oak Woods Acquisition’s leadership comprises professionals with backgrounds in investment banking, private equity, and corporate development. The sponsors bring experience in structuring transactions, raising institutional capital, and executing cross-border deals. This collective expertise is intended to guide the SPAC through target selection, due diligence and post-combination integration efforts.
The company’s units, common stock and warrants are listed on the NASDAQ under the symbols OAKUU, OAKU and OAKUW, respectively. Oak Woods Acquisition has a two-year period from its IPO date to identify and complete a qualifying business combination, subject to shareholder approval and customary closing conditions.
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