Appleby acts as Cayman counsel on Gobi Acquisition Corp.’s $250M SPAC IPO

Appleby acted as Cayman counsel to Gobi Acquisition Corp. on its $250,000,000 SPAC IPO on NASDAQ, which is targeting businesses that have an established presence in Asia Pacific, or have business models and strategies that can successfully enter Asia Pacific. Gobi Acquisition Corp. is sponsored by an affiliate of PAG, one of Asia’s largest private investment management groups with approximately $40 billion of assets under management as of 31 December 2020.