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Find out everything about the YHN Acquisition I Limited (YHNA) IPO

YHN Acquisition I Limited (YHNA) is a blank check company established to target and consolidate with young, entrepreneurial companies across different sectors. It has published that its IPO is going to be floated on the 20th of August 2024, aiming to gather US$60.0 million with the 6 million shares with a share price of US$10.0.

Table of Contents

  • Company Overview
  • Company Strategy
  • IPO Profile
  • IPO Objective
  • Application Process of IPO
  • Financial Analysis of Company
  • Competitor Analysis
  • Details on Company Management
  • Manager/ Joint Manager of YHN Acquisition I Limited (YHNA)
  • Company Address

Company Overview

YHN Acquisition I Limited (YHNA) is a blank check company that was established to search for and effect merges with successful, growth-oriented, innovative enterprises in various industries. With the focus on its target niche, YHNA delivers companies with the necessary capital and support for their enlarged growth. It is committed to the fields that are likely to post high growth rates soon, such as the IT, medical industry, and several types of consumable products. YHNA aims to enhance its shareholders’ value as well as drive growth for the acquired companies which will be its targets through its investment strength and strategic relationships.

Company Strategy

The company’s strategy entails sourcing and acquiring promising firms that would benefit from corporate coaching as well as equity investment. YHNA focuses on industries with possible high growth rates like technology, health, and consumer goods sectors. The management team of the company uses industry experience to identify suitable opportunities regarding the company’s growth and value creation. With rising interest in new-generation innovation companies, YHNA aims to achieve superior shareholder returns and sustainable success for its acquired companies by enhancing and expanding their business models and networks.

IPO Profile

Symbol: YHNAU
Exchange: NASDAQ
Shares: 6 million shares
Price Range: US$10.0 – US$10.0
Estimated Value: US$60.0 million
Manager/ Joint Manager Lucid Capital Markets
Co-managers NA

 IPO Objective:

The goal of an IPO is to generate the required capital to fund these transactions, which enables the firm to find and acquire a suitable acquisition candidate. YHNA plans to use the skills and experience of its management team, which will allow its shareholders to have liquidity, while the company itself aims to acquire new sectors for its growth through acquisitions by going public.

Application Process of IPO

To invest in NASDAQ, it is necessary to make use of a brokerage account. As a first step, enroll in a reliable brokerage firm that offers trading in NASDAQ, and fill out the registration form with your basic and financial information. In the next step, make some deposits into your account in preparation for buying shares. Enter the brokerage account trading division, identify the preferred stock, indicate the number of shares to be bought or sold, and select an order kind (Market, Limit, or Stop). Reiterate your order information and finalize the purchase.

Financial Analysis of the Company

YHNA has a market cap or net worth of $83.75 million.

Particulars (in million) 2023 2022
Revenue N/A N/A
Gross Profit N/A N/A
Operating Income N/A N/A
Pretax Income N/A N/A
Net Income N/A N/A
EBITDA N/A N/A
EBIT N/A N/A

 Note: Financial details not available

Competitor Analysis

Here are some of its top competitors of YHN Acquisition I Limited (YHNA)

Mountain Crest Acquisition Corp II (MCAD)

Mountain Crest Acquisition Corp. II (MCAD) is a special-purpose acquisition company that intends to acquire operating companies in North America, especially in growth sectors. The firm aims to locate inadequately capitalized or underappreciated companies that could manage their operations and enhance funds. Its objective is to generate long-term shareholder value, which can be explained by its focus on working with companies that have strong, scalable business models, well-managed boards, and good growth prospects.

B. Riley Principal 150 Merger Corp (BRPM)

  1. Riley Principal 150 Merger Corp. (BRPM) is a blank check corporation (SPAC) sponsored by B. Riley Financial, Inc. with the function of identifying and executing mergers and acquisitions with corporations in growth industries. The company gives attention to quality by investing in organizations with good management teams, capable growth of operations, and useful market niches. The company has tied up with B. Riley & Co., an investment banking boutique to bring in a formidable financial advisory and knowledge base to drive value through strategic acquisition. It aims to take good businesses to the public market to increase shareholder value and offers a focused investment approach.

Details on Company Management

  • Satoshi Tominaga – Chief Executive Officer and Director
  • Yangyujia An – Chief Financial Officer and Director
  • Zhengming Feng – Independent Director and Chairperson of the Board of Directors
  • Donghu Xu – Independent Director
  • Min Zhang – Independent Director

Manager/ Joint Manager of Reitar Logitech Holdings Limited

Lucid Capital Markets

Lucid Capital Markets is a financial services company that offers sophisticated capital markets advisory services to institutional investors as well as corporations. The company is in investment banking, advisory, and market intelligence, primarily providing specific solutions and strategies to meet specific corporate finance requirements. It is dedicated to creating clients’ added value and growth through innovative financial services.

Conclusion

YHN Acquisition I Limited (YHNA) gives investors a strategic opportunity through its upcoming IPO, aiming to raise $60 million. Focusing on high-growth, innovative companies in sectors such as technology and healthcare, YHNA is ready to increase shareholder value using its management expertise and strategic relationships. As the company enters the public market, its motive is to gain sustainable growth and capitalize on growing opportunities in its targeted industries.

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