NEW
YORK, July 14, 2022 /PRNewswire/ -- Prime Number
Acquisition I Corp. (Nasdaq: PNAC) (the "Company"), a newly
organized blank check company incorporated as a Delaware corporation, today announced the
appointment of Chief Operating Officer, Weixiong (Jeff) Cheong, who brings more than 15
years in private and public market investment and management
experience.
Mr. Weixiong (Jeff) Cheong has
served as the chief operating officer for Blue World Acquisition
Corporation (Nasdaq: BWA), a special purpose acquisition company
since January 2022. Previously,
between November 2015 and
March 2022, Mr. Cheong has served as
a director at Fortune Asia Long Short Fund, an investment fund.
Since November 2011, Mr. Cheong has
served as a director at Longfor Pte Ltd., a real estate developer
in Singapore. Since August 2009, Mr. Cheong has served as the chief
executive officer at Sinjia Land Ltd. (SGX: 5HH), a property
development and hospitality management company. From April 2014 to May
2020, Mr. Cheong served as the chairman at CapAllianz
Holdings Ltd (former name CWX Global Ltd) (SGX: 594), a company
focusing on investment and oil exploration business. Mr. Cheong
received a Master's degree of business administration at
Singapore Management University in
June 2017. He also has passed the
exam of Capital Markets and Financial Advisory Services ("CMFAS")
in Module 1 (December 2003), Module
4A (Rules and Regulations for Advising on Corporate Finance,
June 2005), Module 5 (Rules And
Regulations for Financial Advisory Services, January 2004), Module 6 (January 2004), and Module 8 (Collective
Investment Schemes, February
2004).
"On behalf of the Board, I would like to extend a warm welcome
to Jeff to the management team of Prime Number Acquisition I
Corp.," said Company CEO and Chairman Dongfeng Wang, "We look forward to leverage
Jeff's extensive track record in public market investment and
strong relationship across industries to drive the Company's search
for superior business combination opportunities."
Mr. Cheong joins the Company on July 13,
2022, following the Board's decision to appoint him to the
newly created position of Chief Operating Officer on July 13, 2022. He will work with CEO Dongfeng Wang and will assist him in management
of the Company and in the Company's search for business combination
opportunities.
Mr. Cheong is an affiliate of DBG Global Limited, a member of
Prime Number Acquisition LLC, a sponsor of the Company. He will not
receive compensation of any form from the Company for his position
as Chief Operating Officer.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Prime Number Acquisition I Corp.
Prime Number Acquisition I Corp. is a blank check company, also
commonly referred to as a special purpose acquisition company, or
SPAC, formed for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses with one
or more businesses or entities, provided that it will not undertake
its initial business combination with any entity being based in or
having the majority of the company's operations in China (including Hong Kong and Macau). None of its founders or the Company is
affiliated with Prime Number Capital LLC, an underwriter for the
Company's initial public offering (the "IPO").
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
Company's initial public offering and search for an initial
business combination. No assurance can be given that the offering
discussed above will be completed on the terms described, or at
all, or that the net proceeds of the offering will be used as
indicated. Forward-looking statements are subject to numerous
conditions, many of which are beyond the control of Prime Number
Acquisition I Corp., including those set forth in the Risk Factors
section of Prime Number Acquisition I Corp.'s registration
statement and preliminary prospectus for the IPO filed with the
SEC. Copies are available on the SEC's website, www.sec.gov. Prime
Number Acquisition I Corp. undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
View original
content:https://www.prnewswire.com/news-releases/prime-number-acquisition-i-corp-announces-appointment-of-chief-operating-officer-301586790.html
SOURCE Prime Number Acquisition I Corp.