YHN Acquisition I, a blank-check company, said late Tuesday it priced its initial public offering of 6 million units at $10 apiece.
IPO underwriters have a 45-day option to acquire up to 900,000 additional units. Each unit comprises one ordinary share and one right to receive one-tenth of a share upon the consummation of an initial business combination, the company said.
YHN Acquisition expects its units to start trading on the Nasdaq Global Market Wednesday under the ticker symbol YHNAU, while its shares and rights are expected to be listed under the symbols YHNA and YHNAR, respectively.
The company said it expects the IPO to close Thursday.
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