Dazhe Technology Group Co., Ltd.

Dazhe Technology Group Co., Ltd. is a newly organized blank check company incorporated as a British Virgin Islands exempted company, formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar initial business combination with one or more businesses, primarily focusing on targets in the China and Asia-Pacific area, though not limited thereto. No specific business combination target has been selected, and no substantive discussions have been initiated. The company has no operating history, no revenues, no cash, and no working capital as of the filing date of March 23, 2026. It is offering 10,000,000 ordinary shares at $10.00 per share, raising $100,000,000 in gross proceeds, all of which will be deposited into a U.S.-based trust account invested in U.S. government treasury bills or money market funds. Proceeds will remain in trust until the earliest of completing an initial business combination, shareholder redemption upon certain amendments, or redemption if no combination is completed within 24 months from closing, at which point public shares are redeemed at approximately $10.00 per share. The company intends to list on Nasdaq Global Market under 'DZHE'. Management leverages networks in China for sourcing opportunities in fragmented, technology-evolving sectors like sensors, AI, and sustainability. As an emerging growth and smaller reporting company, it benefits from reduced disclosure requirements. Investors face high risks, including no Rule 419 protections and potential liquidation.

Key Takeaways