Bukit Jalil Global Acquisition 1 Ltd. Announces Pricing of $50.0 Million Initial Public Offering

New York, June 27, 2023 (GLOBE NEWSWIRE) -- Bukit Jalil Global Acquisition 1 Ltd. (the “Company”), a blank check company incorporated in the Cayman Islands, today announced the pricing of its initial public offering of 5,000,000 units at a price of $10.00 per unit. Each unit consists of one ordinary share, one-half of one redeemable warrant and one right to receive one-tenth of one ordinary share upon consummation of an initial business combination. Each whole redeemable warrant entitles the holder thereof to purchase one ordinary share at an exercise price of $11.50 per share. The units are expected to trade on The Nasdaq Capital Market (“NASDAQ”) under the ticker symbol “BUJAU” beginning June 28, 2023. Once the securities comprising the units begin separate trading, the ordinary shares, warrants and rights are expected to be listed on NASDAQ under the symbols “BUJA,” “BUJAW,” and “BUJAR,” respectively. The offering is expected to close on June 30, 2023, subject to customary closing conditions.

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