HTFL’s Client Chardan Capital Markets, LLC Successfully Closed Welsbach Technology Metals Acquisition Corp.’s Initial Public Offering

January 03, 2022

Louis Taubman

Guillaume de Sampigny

Welsbach Technology Metals Acquisition Corp., a Delaware company incorporated as a blank check company, announced today the closing of its initial public offering and the sale of 7,500,000 units, at a purchase price of $10 per unit, for aggregate gross proceeds of approximately $75,000,000. Each unit consists of one share of common stock and one right to receive one-tenth (1/10) of a share of common stock upon the consummation of an initial business combination.

Chardan Capital Markets, LLC acted as the representative of the underwriters of the offering. Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to Chardan Capital Markets, LLC.

Hunter Taubman Fischer & Li LLC is a boutique law firm specializing in corporate, commercial and securities transactions, cross-border financing, immigration and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.