Broad Capital Acquisition Corp.

General Information
Business:

We intend to focus on businesses operating within the general aviation and aerospace industry, and the unmanned aircraft systems (UAS) in particular, with a concentration on those involved in the emerging and transformational technologies market.

We conduct our operations through an office space in Plano, Texas. Certain of our independent director nominees are located in the People’s Republic of China (China or the “PRC”) and our CEO and CFO, each of whom are United States citizens, have Chinese ancestry and may have personal and professional ties that continue in China. For a detailed disclosure about our officers, directors and independent director nominees’ biographies, education and work history, please see “Our Management Team” (in the prospectus). Notwithstanding such ties to China, we expressly disclaim any intent to and will not consummate a business combination with a target business (either directly or through any subsidiaries) located in China, Hong Kong or Macau ever. 

Johann Tse, CEO, is the founder of Aquarian Capital, LLC, which advises corporate buyers and sellers worldwide on M&A transactions. Previously, Mr. Tse was the Director of International M&A with Yum! Brands, where he led acquisitions, divestitures and franchising transactions across its quick service restaurants portfolio across many countries. He previously created and managed the corporate venture capital program for Rohm and Haas Co. focusing on new materials and material-enabled technologies, and helped broaden the company’s avenues for growth, in addition to corporate strategic planning and M&A responsibilities.

Rongrong (Rita) Jiang, CFA, is our CFO. She brings an extensive background in domestic and international business focusing on accounting, finance, investment and management, as a Chartered Financial Analyst. Ms. Jiang is a founding partner of Ginger Capital LLC (since April 2011). Ginger Capital provides comprehensive investment and strategic advisory services to companies on market expansion, cross-border merger and acquisition, private and public financial reporting, IPO preparation and strategic partnership planning, etc.

(Note: Broad Capital Acquisition Corp. priced its SPAC IPO on Jan. 10, 2022, in line with the terms in its prospectus: 10 million units at $10 each to raise $100 million.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2021
Contact Information
Address 5345 Annabel Lane, Plano, TX 75093
Phone Number (469) 951-3088
Web Address
View Prospectus: Broad Capital Acquisition Corp.
Financial Information
Market Cap $129.46mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol BRACU
Exchange NASDAQ
Shares (millions): 10.0
Price range $10.00 - $10.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Chardan
CO-Managers -
Expected To Trade: 1/11/2022
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change