Calisa Acquisition Corp [ALISU]
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About
Calisa Acquisition Corp operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company, incorporated in 2021 and headquartered in Singapore, focuses on identifying and combining with technology-enabled businesses primarily in Southeast Asia. Calisa Acquisition Corp raised approximately $115 million through its initial public offering, with units trading on the NASDAQ under the ticker symbol ALISU. Each unit consists of one ordinary share and one-half of one redeemable warrant, with warrants exercisable at $11.50 per share. The SPAC is sponsored by Calisa Capital Partners and targets opportunities in sectors including financial technology, e-commerce, logistics, and enterprise software within the Southeast Asian market. The company operates under a typical SPAC structure with an 18-24 month timeframe to complete an initial business combination, though extensions are possible with shareholder approval. Management consists of executives and advisors with experience in private equity, investment banking, and operational roles across Asian markets. As a blank check company, Calisa Acquisition Corp currently generates no operating revenue and exists solely to facilitate a business combination that will result in a publicly-traded operating company.