Evergreen Unit Company Overview
Evergreen Unit
About Evergreen Unit
Evergreen Corp Unit (NASDAQ:EVGR) is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), incorporated in 2021 and based in Petaling Jaya, Malaysia. Unlike traditional companies with their own products or services, Evergreen Corp Unit focuses on identifying a target business in Southeast Asia for acquisition. Their particular interest lies in technology companies operating in artificial intelligence, fintech, e-commerce, and the new digital economy. Once they find a suitable target, Evergreen Corp Unit would facilitate the chosen company's transition to becoming a publicly traded company on the stock exchange.
What is Evergreen Unit known for?
Snapshot
2021
Year founded
0
Employees
Miami, United States
Head office
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Operations
All Locations
United States
Products and/or services of Evergreen Unit
- Capital Acquisition: Through their IPO (Initial Public Offering), Evergreen Corp Unit raised funds to finance a future business acquisition.
- Target Identification: Their management team actively searches for a promising technology company in Southeast Asia to merge with. Their areas of interest include artificial intelligence (AI), fintech, financial services, the Metaverse, Internet of Things (IoT), e-commerce, social commerce, Industry 4.0, and the new digital economy.
- Negotiating and Structuring a Merger: Once a target company is chosen, Evergreen Corp Unit negotiates the terms of the business combination.
- Taking a Private Company Public: The primary objective is to acquire a private technology company and guide it through the process of becoming publicly traded on the NASDAQ exchange under the EVGR ticker symbol (which might change after the merger).
- Investor Exposure: Evergreen Corp Unit offers investors a chance to gain exposure to a potential future company in the technology sector through its stock offering.
- Post-Merger Operations (Indirect): While Evergreen Corp Unit itself wouldn't have products or services, the technology company they acquire would likely continue offering its own products and services after going public through the merger.
Evergreen Unit executive team
- Mr. Choon Lian LiewCEO & Chairman of the Board
- Mr. Izmet Iskandar Bin Mohd RamliCFO & Director