Overview
Description
Wen Acquisition Corp. is a special purpose acquisition company (SPAC) established in 2025 with its primary function being the facilitation of mergers, share exchanges, asset acquisitions, or similar business combinations. Structured as a blank check company and headquartered in Oakland, California, Wen Acquisition Corp. is particularly focused on targeting the financial technology sector, with an emphasis on companies that enable digital asset integration and blockchain technology within traditional financial systems. The company’s initial public offering raised $261 million through the issuance of 26.1 million units, each comprising one Class A ordinary share and one-half of a redeemable warrant, providing a flexible capital base for prospective acquisitions. The management team, led by CEO Julian M. Sevillano, brings expertise in fintech and blockchain, aligning with the company’s strategy to bridge innovative digital asset solutions with mainstream finance. Wen Acquisition Corp.’s activities reflect growing market interest in the intersection of blockchain infrastructure and financial services, positioning it as a potential catalyst for technological advancement within the broader fintech industry.
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Country
United States
MIC code
XNMS