Proficient Alpha Acquisition Corp (âPAACâ or the âCompanyâ) is a SPAC incorporated under the Laws of Nevada (USA) in 2018. PAAC stock began trading publicly on The Nasdaq Capital Market on May 30, 2019. PAAC is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although we intend to focus on companies which provide financial services in Asia, primarily China mainland and Hong Kong. Commencing June 20, 2019, holders of the units sold in the Companyâs initial public offering may elect to separately trade shares of the Companyâs common stock, warrants and rights on The Nasdaq Capital Market under the symbols âPAAC,â âPAACWâ and âPAACR,â respectively. Those units not separated will continue to trade on The Nasdaq Capital Market under the symbol âPAACU.â
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