Successfully merged with Zhongchai Holding • Now trading as GTEC
SPAC Overview
$40M
IPO Size
Completed
Current Status
2018
IPO Year
Timeline Progress
- Registration2018-06-29 Filed S1
- IPO2018-07-26 IPO, search begins
- Definitive Agreement2019-07-12 Agreement for merger
- Completed2019-12-31 Merger Completed
Investment Focus
China, specifically technology-enabled services
Stock Performance
GTEC
Trading Symbol
First Trade
August 9, 2018
$9.66
At Merger
January 2, 2020
$5.01
-48%
6 Months Post-Merger
July 2, 2020
$2.31
-54%
1 Year Post-Merger
December 31, 2020
$7.24
+45%
2 Years Post-Merger
December 31, 2021
$6.43
+28%
Current Price
May 30, 2025
$1.98
-80%
Key Information
July 26, 2018
December 31, 2019
Zhongchai Holding
GLACU
GTEC