IPO - Profile

Energem Corp.

Finance > Banks



Offer Price Offer Size 3-Year Outlook Volatility First Day Turnover
$10.00 10,000,000 Positive High 107.45%

Offering Team

  • Legal counsel
  • Rimon Law Group, P.C
  • Auditors
  • Adeptus Partners LLC

Deal Highlights

We are a newly incorporated blank check company established as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target with respect to an initial business combination with us. While we may pursue a target in any industry, section or geography (outside of China and Hong Kong), we intend to seek a target in the commodities space that will be able to capitalize on a number of major global trends, including (1) the continued push towards decarbonization, vehicle electrification, and other clean energy initiatives; and (2) the strong demand for commodities as economies continue to reopen, complemented by increased interest in adding certain commodities to investment portfolios. Collectively, these trends may contribute to a new “commodities super-cycle” or decades-long period where commodities trade above their historical price trends due to their heightened demand across a broad range of applications, as well as insufficient supply to meet such demand. We will capitalize on our management team’s significant expertise and experience in the commodities space that has been cultivated over the past four decades. Our diverse, complementary management team has a proven track record of sourcing and executing deals in the commodities space, as well as direct experience in operating and managing commodities companies, especially in the Asia Pacific region. Our management team also has a strong network in the industry and a deep understanding of the most pressing trends in the space. We believe that these factors will benefit our ability to search for, and conduct rigorous due diligence on, a high-quality target company.

Deal Tracker

IPO Dates

Filing 16 Nov, 2021

Offer 16 Nov, 2021

Look Ahead

Lock Up Expiry May 16, 2022

IPO Terms

Offer Price $10.00
Offer Size 10M

Market Sentiments

Stock Price