Concord & Sage PC is thrilled to announce that its client, Wintergreen Acquisition Corp., a Cayman Islands exempted company, has received approval from Nasdaq Regulation to list its securities on The Nasdaq Capital Market. This milestone marks a significant achievement for the company and underscores Concord & Sage PC’s expertise in guiding clients through complex initial public offerings (IPOs).

Wintergreen Acquisition Corp., a special purpose acquisition company (SPAC), offered 5,000,000 units at a price of US$10.00 per unit, raising gross proceeds of US$50 million. Each unit consists of one ordinary share and one right to receive one-eighth of one ordinary share upon the consummation of an initial business combination. The units are expected to commence trading on The Nasdaq Capital Market under the ticker symbol “WTGUU”.

The legal team, led by Managing Partner Qin Li, alongside Partner Kyle Leung, Associate Zhiwei Hua, and Paralegal Ziwen Wang, provided comprehensive legal counsel throughout the IPO process. Their diligent efforts ensured compliance with Nasdaq’s stringent listing requirements and facilitated a seamless application process, culminating in the approval on May 23, 2025.

"We are pleased to have supported Wintergreen Acquisition Corp. in achieving this significant milestone," said Qin Li. "This successful IPO positions Wintergreen to pursue its strategic objectives in the dynamic TMT sector across the Asia Pacific."

Concord & Sage PC's representation involved guiding Wintergreen Acquisition Corp. through the process of obtaining Nasdaq listing approval. The firm's expertise in navigating the regulatory landscape and coordinating with Self-Regulatory Organizations (SROs) like Nasdaq was instrumental in securing the listing, showcasing Concord & Sage PC's capabilities in facilitating access to U.S. capital markets for its clients.