Noco-noco Debuts on NASDAQ (de-SPAC)
Singapore-based noco-noco Pte. Ltd., an electric battery technology company, which is a subsidiary of Japan's 3DOM Alliance Inc. (a venture group that owns several decarbonisation and renewable energy technology companies), has on 4 September 2023 debuted on the Nasdaq (NASDAQ: NCNC) further to a merger and business combination (i.e. de-SPAC) with Nasdaq-listed special purpose acquisition company (SPAC) Prime Number Acquisition I Corp.
Noco-noco’s proprietary battery separator technology, known as X-SEPA™, results in batteries with better performance, durability, and heat resistance compared to its peers.
Icon Law is proud to have acted as Singapore legal advisers for noco-noco. Leading the transaction team was Managing Director, Soh Chun Bin. For more information, please refer to the media's coverage of the transaction.