IPO - Calisa Acquisition Corp

Form Type: S-1/A

Filing Date: 2025-07-07

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225018018

Filing Summary: Calisa Acquisition Corp, a Cayman Islands exempted company, is filing an amendment to its registration statement under the Securities Act of 1933 for an initial public offering (IPO). The company aims to raise approximately $60 million by offering 6,000,000 units, each priced at $10.00. Each unit will consist of one ordinary share and one right to receive one-tenth of an ordinary share upon completion of a business combination. The company intends to use the proceeds for a business combination, which may focus on companies in Asia, particularly those operating in China, although there are regulatory risks associated with such operations. The registration statement indicates that the investors may redeem their ordinary shares at a price based on the cash in the trust account if the business combination is not completed within 18 months. The offering will involve underwriters, who have been granted a 45-day option to purchase additional units to cover over-allotments. The company is classified as a smaller reporting company and an emerging growth company, and it intends to list its units on The Nasdaq Global Market under the symbol 'ALISU.' The document outlines various risks associated with investing in the securities, particularly concerning potential regulatory actions from the Chinese government that may affect business combinations involving China-based companies. Overall, Calisa Acquisition Corp is preparing for its IPO and seeking to navigate various legal and operational challenges in the process.