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Bowen Acquisition Corp Unit - $BOWNU STOCK NEWS

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Rhea-AI Summary
Bowen Acquisition Corp (NASDAQ: BOWN) announced the execution of a merger agreement with Shenzhen Qianzhi BioTechnology Co., Ltd, involving the exchange of ordinary shares and additional earnout targets. The transaction is expected to be consummated in the second or third quarter of 2024, subject to regulatory and stockholder approval. Qianzhi BioTech is a health and wellness focused biotech company based in Shenzhen, China, specializing in ozonated health and wellness products. The combined company is expected to remain a NASDAQ-listed public company, trading under a new ticker symbol. However, there is no assurance that the combined company will remain listed on NASDAQ. The executive management team of Qianzhi BioTech will continue to lead the combined company.
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Rhea-AI Summary
Bowen Acquisition Corp closes sale of additional units, raising $9 million. Total proceeds from IPO reach $69 million. Units listed on Nasdaq under ticker symbol 'BOWNU'. Company formed as blank check company for potential business combination. EarlyBirdCapital, Inc. acted as book-running manager for the offering.
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Bowen Acquisition Corp announces the closing of its IPO, raising $60 million in gross proceeds. The company's units are now listed on Nasdaq under the ticker symbol 'BOWNU'. Each unit consists of one ordinary share and one right. The company aims to identify a target business for a potential merger or acquisition.
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Bowen Acquisition Corp announces pricing of its IPO at $10.00 per unit. Each unit consists of one ordinary share and one right. Units will be listed on Nasdaq under the ticker symbol 'BOWNU'. EarlyBirdCapital, Inc. is the book-running manager for the offering.
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Bowen Acquisition Corp Unit

Nasdaq:BOWNU

BOWNU Rankings

BOWNU Stock Data

6.51M
10.24%
Shell Companies
Financial Services
United States of America
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