Golden Path Acquisition Corp.

General Information
Business:

We intend to focus on businesses that have a connection to the Asian market. We believe that we will add value to these businesses primarily by providing them with access to the U.S. capital markets. We will primarily seek to acquire one or more growth businesses with a total enterprise value of between $150 million and $300 million. (New blank-check company or SPAC incorporated in the Cayman Islands)

We will seek to capitalize on the strength of our management team. Collectively, our officers and directors have decades of experience in mergers and acquisitions, and operating companies, in Asia. We believe we will benefit from their accomplishments, and specifically their current and recent activities with companies that have a connection to the Asian market, in identifying attractive acquisition opportunities.

Shaosen Cheng is the chairman of our board of directors. He also serves as our CEO. Since October 2019, Mr. Cheng has been employed as a senior advisor at Forest Hill Financial Group of New York, where he advised clients on asset allocation and protection. His previous experience includes serving as the president of Fosun Zhongheng Insurance Brokers, Co., Ltd. in Shanghai, China., which is an insurance brokerage firm. Earlier in his career, Mr. Cheng worked in various positions for Aon Risk Services, Inc., Marsh USA Inc., and Johnson & Higgins. 

Teddy Zheng has served as our CFO since January 2021. He served as the CFO of Longevity Acquisition Corp. (LOAC) from July 2018 to October 2020. Mr. Zheng has served as managing director of Cygnus Equity, a boutique investment banking firm in China, since October 2015. From April 2014 to October 2015, Mr. Zheng worked in the investment banking division of Lazard in China. From November 2010 to March 2014, Mr. Zheng worked in the investment banking division of JP Morgan First Capital in China. From June 2009 to October 2010, Mr. Zheng worked in the M&A and corporate finance division of UBS Investment Bank in China. 

(Note: Golden Path Acquisition Corp. priced its SPAC IPO on June 21, 2021, in line with the terms in its prospectus: 5 million units at $10 each to raise $50 million.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2018
Contact Information
Address 100 Park Avenue New York, New York 10017
Phone Number (917) 267-4569
Web Address
View Prospectus: Golden Path Acquisition Corp.
Financial Information
Market Cap $64.98mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol GPCOU
Exchange NASDAQ
Shares (millions): 5.0
Price range $10.00 - $10.00
Est. $ Volume $50.0 mil
Manager / Joint Managers Ladenburg Thalmann
CO-Managers Brookline Capital Markets, a division of Arcadia Securities, LLC
Expected To Trade: 6/22/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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