Li Ning’s SPAC Files for $250 Million IPO
Trinity Acquisition is the name of Li Ning’s Hong Kong-based special purpose acquisition company, which filed with the SEC to raise up to $250 million in an initial public offering of 25 million units at $10. It plans to list on the NYSE under the symbol TRNY.U. Li Ning founded his eponymous sportwear brand in 1989 after winning six medals in gymnastics at the 1984 Olympics. Trinity Acquisition wants to “capitalize on the ... Log in to view full article.