Item 8.01. Other Events.
On August 15, 2022, Hainan Manaslu Acquisition Corp. (the "Company") consummated
its initial public offering (the "IPO") of 6,900,000 units (the "Units"),
including 900,000 Units issued pursuant to the full exercise by the underwriter
of its over-allotment option (the "Over-Allotment Option"). Each Unit consists
of one ordinary share, par value $0.0001 per share of the Company (the "Ordinary
Shares"), one redeemable warrant (the "Public Warrants"), each Public Warrant
exercisable to purchase one Ordinary Share at an exercise price of $11.50 per
share, and one right to receive one-tenth (1/10) of one Ordinary Share upon the
consummation of the Company's initial business combination. The Units were sold
at an offering price of $10.00 per Unit, generating total gross proceeds of
$69,000,000.
Simultaneously with the consummation of the IPO, the Company consummated the
private placement (the "Private Placement") of 341,500 units (the "Placement
Units"), each Placement Unit consisting of one Ordinary Share, one warrant and
one right, to the Company's sponsor, Bright Winlong LLC (the "Sponsor") at a
price of $10.00 per Placement Unit, generating total proceeds of $3,415,000.
A total of $70,035,000, or $10.15 per Unit, representing net proceeds from the
IPO (which amount includes $2,242,500 of the underwriters' deferred commissions)
and the Private Placement were placed in a U.S.-based trust account established
for the benefit of the Company's public shareholders and maintained by
Continental Stock Transfer & Trust Company, acting as trustee.
An audited balance sheet as of August 15, 2022 reflecting receipt of the
proceeds upon consummation of the IPO and the Private Placement has been issued
by the Company and is included as Exhibit 99.1 to this Current Report on Form
8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Audited Balance Sheet as of August 15, 2022
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HAINAN MANASLU ACQUISITION CORP. 