Ogier advises Blue Safari on US$50 million SPAC IPO

Ogier acted as BVI counsel to Blue Safari Group Acquisition Corp on its US$50 million initial public offering on NASDAQ. The units issued by the company started trading under the ticker symbol "BSGAU" on NASDAQ on 10 June 2021. 

Blue Safari Group Acquisition Corp is a SPAC incorporated in the British Virgin Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganisation, or similar business combination with one or more businesses. It is the company's intention to pursue prospective targets that are in the financial technology, information technology, insurance technology and business services.

The Ogier team in Hong Kong was led by senior associate Rachel Huang with support from the firm’s global head of Corporate, Nathan Powell.

Ogier is a leading provider of legal and corporate administration services to SPACs and other public issuers domiciled in both the Cayman Islands and the British Virgin Islands.