The SPAC initiated by Li Ning applied to the Hong Kong stock exchange for listing
The HKEx document disclosed on January 31 that Trinity acquisition Holdings Ltd., a special purpose acquisition company, submitted a listing application to the main board of the HKEx. The sponsors were Li Ning and two private equity companies, Lionrock and astrapto, and the joint sponsors, joint global coordinators and joint bookrunners were JPMorgan Chase and Credit Suisse. Li Ning, Lionrock and astrapto own 33%, 42% and 25% of all class B shares issued respectively.
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