NEW
YORK, Oct. 18, 2022 /PRNewswire/ -- Hudson
Acquisition I Corp. (NASDAQ: HUDA, the "Company"), a newly
organized blank check company incorporated in Delaware, today announced the closing of its
previously announced initial public offering of 6,000,000 units at
$10.00 per unit. The units are listed
on The NASDAQ Global Market ("NASDAQ") and began trading under the
ticker symbol "HUDAU" on October 14,
2022. Each unit consists of one share of common stock and
one right to receive one-fifth (1/5) of a share of common stock
upon the consummation of an initial business combination. Once the
securities comprising the units begin separate trading, the common
stock and rights will be listed on NASDAQ under the symbols "HUDA"
and "HUDAR," respectively.
The underwriters have been granted a 45-day option to purchase
up to an additional 900,000 units offered by the Company to cover
over-allotments, if any.
Chardan Capital Markets, LLC ("Chardan") acted as the sole
book-running manager in the offering.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
on October 14, 2022. The offering is
being made only by means of a prospectus, copies of which may be
obtained by contacting Chardan, 17 State Street, 21st floor,
New York, New York 10004. Copies
of the registration statement can be accessed through the SEC's
website at www.sec.gov.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Hudson Acquisition I
Corp.
Hudson Acquisition I Corp. is a Delaware corporation incorporated as a blank
check company 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. The Company's efforts to identify a
prospective target business will not be limited to a particular
industry or geographic region except that the Company will not
consummate an initial business combination with any entity being
based in or having the majority of its operations in China (including Hong Kong and Macau). The Company affirmatively excludes as
an initial business combination with a target company of which
financial statements are audited by an accounting firm that the
United States Public Company Accounting Oversight Board is unable
to inspect for two consecutive years beginning in 2021.
Forward-Looking
Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements, including the search for an initial business
combination, are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
No assurance can be given that the net proceeds of the offering
will be used as indicated. Forward-looking statements are subject
to numerous conditions, many of which are beyond the control of the
Company, including those set forth in the Risk Factors section of
the Company's registration statement for the offering filed with
the SEC. Copies are available on the SEC's website, www.sec.gov.
The Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based, except
as may be required by law.
Jiang Hui
Hudson Acquisition I Corp.
(347) 205-3126
View original
content:https://www.prnewswire.com/news-releases/hudson-acquisition-i-corp-announces-closing-of-60-million-initial-public-offering-301652742.html
SOURCE Hudson Acquisition I Corp.
