SPAC Overview
Timeline Progress
About
Vernal Capital Acquisition Corp. is a blank-check company seeking to complete an initial business combination with an unidentified private company. It intends to focus on private companies in Asia with compelling economics, clear paths to positive operating cash flow, significant assets and successful management teams seeking access to U.S. public capital markets.
Geographic Focus
Asia
The terms and the filing trail behind VERNAL CAPITAL ACQUISITION CORP.
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Underwriters
Extended Team Information
The team has experience operating and investing in leading companies across their life cycles and relationships with multinational companies and investors. CEO and Chairman Du Jun has a background in technology, cryptocurrency and blockchain ventures; CFO Yi Binghan brings financial management, banking, insurance and actuarial experience. Sponsors Vernal One and Xesse Ventures have investment backgrounds, including cryptocurrency-related investments.