Eureka Acquisition Corp

Company Overview

Proposed Symbol
Company NameEureka Acquisition Corp
ExchangeNASDAQ_Capital
Share Price$10.00
Employees1 (as of 03/08/2024)
Statusfiled
Shares Offered5000000
Offer amount$57,500,000
Shares Over Alloted750,000
Company Address899 RUINING ROAD, YANGGUANG BINJIANG CTR SOUTH BUILDING, UNIT 808 SHANGHAI 200030
Company Phone86-13807598491
Company WebsiteN/A
CEOFen Zhang
State of Inc
Fiscal Year End12/31
Total Offering Expense$650,000.00
Shareholder Shares Offered5000000
Shares Outstanding6,690,000
Lockup Period (days)180
Lockup Expiration
Quiet Period Expiration
CIK0002000410
DealId1289007-109383

Company Description

We were incorporated on June 13, 2023 as an exempted company with limited liability. We chose to incorporate in the Cayman Islands due to (i) its tax-neutrality, which allows international transactions to be structured efficiently without an additional layer of tax and (ii) simplicity of establishment and flexibility of administration, including easy migration to another jurisdiction, the existence of statutory procedures for merger or consolidation, and no takeover code or bespoke public company filing requirements.

We were formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” We do not have any specific business combination under consideration and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location but will initially focus in Asia. We may consummate a business combination with an entity located in China (including Hong Kong and Macau). Further, due to the fact that certain of our executive officers and directors are located in or have significant ties to China, it may make us a less attractive partner to certain potential target businesses, including non-China-or non-Hong Kong-based target companies, and such perception may potentially limit or negatively impact our search for an initial business combination or may therefore make it more likely for us to consummate a business combination with a company based in or having the majority of its operations in the PRC and/or Hong Kong.

Our management team has an extensive track record of creating value for shareholders by acquiring strong businesses at disciplined valuations, investing in growth while fostering financial discipline and ultimately improving financial results. Our team consists of experienced entrepreneurs, investment banking, financial services, capital market professionals, senior operating executives, and managers of international companies. We believe we will benefit from their accomplishments, and specifically their current activities in the Asian market, in identifying attractive acquisition opportunities.

We are a Cayman Islands exempted company incorporated on June 13, 2023. Our executive offices are located at 899 Ruining Road, Yangguang Binjiang Center, South Building, Unit 808, Shanghai, PRC. Telephone Number: +86 135 0189 0555.

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