June 26, 2017
NEW YORK, June 25, 2017 Bison Capital Acquisition Corp. (“Bison” or the “Company”), a company formed for the purpose of entering into a merger, share exchange, asset acquisition or other similar business combination with one or more businesses or entities, announced the closing of its initial public offering (the “IPO”) of 5,250,000 units at $10.00 per unit, raising gross proceeds of $52,500,000 on June 23, 2017. Each unit issued in the initial public offering consists of one ordinary share, one right to receive one-tenth of an ordinary share on the consummation of an initial business combination, and one warrant to acquire one-half of one ordinary share at $11.50 per full share. The units commenced trading on June 20, 2017 on The NASDAQ Capital Market.
Hunter Taubman Fischer & Li LLC acted as U.S. counsel to the Company, Ogier acted as British Virgin Islands counsel to the Company and Graubard Miller acted as counsel to the underwriters.
EarlyBirdCapital, Inc. acted as sole book-running manager for the offering and Charden, I-Bankers Securities, acted as co-manager for the offering.
Managing Partner, Louis Taubman stated, “We are very proud of our client, Bison Capital Acquisition Corp., for completing their IPO, and of Arila Zhou, our Partner who acted as lead counsel for the offering. We have enjoyed working with the excellent team of professionals that helped to get the offering completed on time.”
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.
HTFL currently has offices in New York, Florida and Washington D.C. For more information, please visit http://www.htflawyers.com. For more information about Bison and the IPO, please refer to the press release announced by Bison on June 23, 2017.
To download the article, please visit Bison Capital.pdf