Crestone Strategic Capital Acquisition Corp

S-1/A amended

S-1/A amended

Crestone Strategic Capital Acquisition Corporation, a Cayman Islands exempted company, is conducting an IPO of 7,500,000 ordinary shares at $10.00 per share, with a 45-day over-allotment option for 1,125,000 additional shares. The company will allow public shareholders to redeem shares at varying percentages (25%-100%) of the trust account balance post-initial business combination. The sponsor, Crestone Strategic Capital Limited, has committed to a private placement of 351,750 shares. The company has 12 months to complete a business combination, with potential extensions. If unsuccessful, funds will be distributed to shareholders.

S-1 filed

Crestone Strategic Capital Acquisition Corporation, a Cayman Islands blank check company, is conducting an IPO to raise $75 million through the sale of 7.5 million ordinary shares at $10 per share. The company has granted underwriters an option to purchase additional shares for over-allotment. It plans to complete a business combination within 15 months, with potential extensions. The sponsor, Crestone Strategic Capital Limited, will purchase private placement shares. Public shareholders may redeem shares at varying percentages of the trust account balance, with dilution risks due to founder shares issued at a nominal price.