PAAC provides the corporate spirit of “Comprehensive, Innovative, Efficient and Win-win”, as well as of committing itself to the core value of “creating wealth for clients, offering opportunities for employees and improving economic benefit for company”. By forging ahead, it is aiming to become an innovative financial group worldwide.
Proficient Alpha Acquisition Corp (“PAAC” or the “Company”) 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 Company’s initial public offering may elect to separately trade shares of the Company’s common stock, warrants and rights on The Nasdaq Capital Market under the symbols “PAAC,” “PAACW” and “PAACR,” respectively. Those units not separated will continue to trade on The Nasdaq Capital Market under the symbol “PAACU.”