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 {name}
- 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.
{name} executive team
- Mr. Choon Lian LiewCEO & Chairman of the Board
- Mr. Izmet Iskandar Bin Mohd RamliCFO & Director