IPO - Love & Health Ltd
Form Type: S-1/A
Filing Date: 2025-04-03
Corporate Action: Ipo
Type: New
Accession Number: 000114036125012028
Filing Summary: Love & Health Limited is conducting an initial public offering of securities by registering 5,000,000 units at an offering price of $10.00 per unit. The company, incorporated in the Cayman Islands, is a blank check company intending to merge or acquire various target businesses across industries such as FinTech and technology. The document outlines the structure of the offering, including the rights associated with units, the ability for public shareholders to redeem shares, and details about sponsorship and financial arrangements. It describes the company’s emerging growth status, indicating it will have reduced reporting requirements, and highlights risks related to regulatory environments in China and Hong Kong. Additionally, it discusses potential conflicts of interest inherent in the business model and the funding plan for the initial business combination.
Document Link: View Document
Additional details:
Offering Amount: 50000000
Units Offered: 5000000
Underwriting Discount Per Unit: 0.35
Underwriting Discount Total: 1750000
Proceeds Before Expenses: 48250000
Sponsor Name: Waton Sponsor Limited
Sponsor Acquisition Price Per Unit: 10.00
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