Keyarch Acquisition Corp

Keyarch Acquisition Corp. operates as a capital pool company. It was formed for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was founded by Fang Zheng on April 23, 2021 and is headquartered in New York, NY.

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NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) --  Keyarch Acquisition Corporation (Nasdaq: KYCHU) (the “Company”) announced that, commencing March 3, 2022, holders of the Company's units may elect to separately trade the Class A ordinary shares, warrants and rights included in the units. Any units not separated will continue to trade on The Nasdaq Global Market (the “Nasdaq”) under the symbol “KYCHU,” and the separated Class A ordinary shares, warrants and rights are expected to trade on the Nasdaq under the symbols “KYCH,” “KYCHW” and “KYCHR,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unit holders will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into Class A ordinary shares, warrants and rights.

Keyarch Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares, Warrants and Rights Commencing March 3, 2022

NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Keyarch Acquisition Corporation (Nasdaq: KYCHU) (the “Company”) announced today the closing of the overallotment option that the underwriters of its previously announced initial public offering exercised in full. The full exercise of the overallotment option resulted in the issuance of an additional 1,500,000 units at a public offering price of $10.00 per unit. After the closing of the over-allotment option, an aggregate of 11,500,000 units have been offered to the public at an aggregate offering price of $115,000,000.

Keyarch Acquisition Corporation Announces Full Exercise of Overallotment Option in Connection with its Initial Public Offering

NEW YORK, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Keyarch Acquisition Corporation (Nasdaq: KYCHU) (the “Company”) announced today the closing of its initial public offering of 10,000,000 units at a price of $10.00 per unit. The Company granted the underwriters a 45-day option to purchase up to 1,500,000 units to cover over-allotments, if any. Total gross proceeds from the offering were $100 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company.

Keyarch Acquisition Corporation Announces Closing of $100 Million Initial Public Offering

NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Keyarch Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 10,000,000 units at a price of $10.00 per unit. The Company has granted the underwriters a 45-day option to purchase up to 1,500,000 units to cover over-allotments, if any. The units are expected to commence trading on January 25, 2022 on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “KYCHU.” Each unit consists of one Class A ordinary share of the Company, one-half of one redeemable warrant and one right to receive one-tenth of one Class A ordinary share. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights are expected to be listed on the Nasdaq under the symbols “KYCH,” “KYCHW” and “KYCHR,” respectively.

Keyarch Acquisition Corporation Announces Pricing of $100 Million Initial Public Offering

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