The takeover of ERCAX Holding by COVA Acquisition Corp. for over 3.4 billion U.S. dollars was the largest SPAC transaction in the Greater China region as of October 2022. After American and Mainland Chinese regulators increased the requirements for cross-border IPOs, many Chinese startups saw special-purpose acquisition companies as a suitable avenue to access the American capital market.
Leading takeovers via special-purpose acquisition companies (SPAC) in Greater China as of October 2022, based on transaction value
(in million U.S. dollars)
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Kroll. (October 8, 2022). Leading takeovers via special-purpose acquisition companies (SPAC) in Greater China as of October 2022, based on transaction value (in million U.S. dollars) [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1417689/greater-china-value-of-spac-transactions/
Kroll. "Leading takeovers via special-purpose acquisition companies (SPAC) in Greater China as of October 2022, based on transaction value (in million U.S. dollars)." Chart. October 8, 2022. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1417689/greater-china-value-of-spac-transactions/
Kroll. (2022). Leading takeovers via special-purpose acquisition companies (SPAC) in Greater China as of October 2022, based on transaction value (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1417689/greater-china-value-of-spac-transactions/
Kroll. "Leading Takeovers via Special-purpose Acquisition Companies (Spac) in Greater China as of October 2022, Based on Transaction Value (in Million U.S. Dollars)." Statista, Statista Inc., 8 Oct 2022, https://www.statista.com/statistics/1417689/greater-china-value-of-spac-transactions/
Kroll, Leading takeovers via special-purpose acquisition companies (SPAC) in Greater China as of October 2022, based on transaction value (in million U.S. dollars) Statista, https://www.statista.com/statistics/1417689/greater-china-value-of-spac-transactions/ (last visited January 05, 2025)
Leading takeovers via special-purpose acquisition companies (SPAC) in Greater China as of October 2022, based on transaction value (in million U.S. dollars) [Graph], Kroll, October 8, 2022. [Online]. Available: https://www.statista.com/statistics/1417689/greater-china-value-of-spac-transactions/
