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SPAC · Merger completed

Bukit Jalil Global Acquisition 1 Ltd.

Business combination with Global IBO Group Ltd

Bukit Jalil Global Acquisition 1 Ltd. is a blank-check company (SPAC) that raised $50M in its initial public offering on Jun 28, 2023, listing on Nasdaq. It completed its business combination with Global IBO Group Ltd on May 7, 2025; the combined company is GIBO Holdings Limited (GIBO). A.G.P. led the IPO, with Brookline and Arcadia. Robinson & Cole advised the SPAC and Sichenzia Ross Ference Carmel advised the underwriters on the IPO.

Status
Merger completed
IPO date
Jun 28, 2023
IPO size
$50M
IPO exchange
Nasdaq
Target
Global IBO Group Ltd (GIBO)
Announced
Jan 27, 2025
Stated deal value
$8.28B
Closed
May 7, 2025
Combined company
GIBO Holdings Limited (GIBO)
IPO underwriters
A.G.P., Brookline and Arcadia
SPAC counsel (IPO)
Robinson & Cole and Maples and Calder
Underwriters' counsel (IPO)
Sichenzia Ross Ference Carmel

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