Embrace Change Acquisition Corp.
A blank check company formed to identify, acquire, and partner with one or more businesses positioned to lead — not lag — the structural shifts shaping their industries.
Each unit · 1 Ordinary Share + 1 Warrant + 1/8 Right · $10 per unit · 7.39M units issued
Durable value is built by businesses willing to change before they have to.
We believe the most enduring public companies of the next decade will not be those that resist disruption, but those that metabolize it — businesses whose operating culture, capital discipline, and product judgment allow them to compound through cycles rather than be defined by any single one.
Our role as sponsor is to identify a single target whose private trajectory warrants the rigor, transparency, and permanent capital base of the public markets, and to provide a vehicle through which that transition can be executed with integrity.
Three traits that make this combination vehicle distinctive.
No predefined sector.
Among the small set of SPACs in market with no investment-vertical restriction. The mandate spans new energy, digital assets, biopharmaceuticals, consumer, and beyond — chosen on the merits of the target, not the label of the category.
Operator experience in U.S. listings.
The sponsor team has led multiple U.S. listings across TMT — IPOs, SPACs, and DeSPACs — and operates a standing network of counsel, auditors, and brokers prepared to take a target public efficiently.
Simple decisions. Flexible structure.
A compact sponsor structure produces fast decisions. The deal structure itself is tunable — built to align with the target's perspective on valuation, dilution, and lock-up rather than impose a template.
We evaluate prospective combinations against four enduring criteria.
Established with conviction
Proven unit economics, defensible market position, and a clear path to durable profitability in the public market context.
Up to $1B EV
Target enterprise values of up to approximately $1 billion, with the operating maturity to sustain quarterly reporting cadence from day one.
Structural, not cyclical
Sector-agnostic, with elevated interest in businesses whose growth is tied to long-term structural change rather than near-term cycles.
Operator-led teams
Founder- or operator-led teams who view a public listing as a tool for compounding, not a liquidity event — and who welcome the discipline that comes with it.
Two principal officers responsible for strategy, capital, and execution.
Chief Executive Officer
Over a decade in China's TMT sector across corporate development, capital markets, and early-stage investing. Has served in senior corporate-governance roles at a Chinese internet company listed in the U.S. public markets, where the responsibilities spanned company strategy and capital markets execution. Holds a bachelor's degree in law.
Chief Financial Officer
Two decades in finance and capital markets, with senior positions across leading Chinese commercial banks and an international banking institution. Currently leads finance for a Chinese media and content company. Holds a master's degree in international finance.