News

HTFL’s Client EF Hutton, Division of Benchmark Investments, LLC Successfully Closed Acri Capital Acquisition Corporation’s Initial Public Offering

June 14, 2022

Acri Capital Acquisition Corporation, a Delaware company incorporated as a blank check company, announced today the closing of its initial public offering and the sale of 8,625,000 units, which included 1,125,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option, at a purchase price of $10 per unit, for aggregate gross proceeds of approximately $86,250,000. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant.

EF Hutton, division of Benchmark Investments, LLC acted as the representative of the underwriters of the offering. Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to EF Hutton, division of Benchmark Investments, LLC.

Hunter Taubman Fischer & Li LLC is a boutique law firm specializing in corporate, commercial and securities transactions, cross-border financing, immigration and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.